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An investment will pay you $17,000 in 7 years. The appropriate discount rate is 11 percent compounded daily. What is the present value? Multiple Choice

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An investment will pay you $17,000 in 7 years. The appropriate discount rate is 11 percent compounded daily. What is the present value? Multiple Choice 0 $7,872.14 0 $8,188.9 0 $7,478.53 0 $3,108.30

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