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An investment will pay you $ 2 0 , 0 0 0 in 8 years. The appropriate discount rate is 9 percent compounded daily. What

An investment will pay you $20,000 in 8 years. The appropriate discount rate is 9 percent compounded daily. What is the present value?
Multiple Choice
$10,222.70
$10,027.99
$10,037.33
$9,249.11
$9,735.91

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