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An investment will pay you $20,000 in 9 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? A. 10,222.60

An investment will pay you $20,000 in 9 years. The appropriate discount rate is 8 percent compounded daily. What is the present value?

A. 10,222.60

B. 10,027.89

C. 9,249.02

D. 10,004.98

E. 9,735.81

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