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An investment will pay you $21,000 in 8 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? Multiple Choice

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An investment will pay you $21,000 in 8 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? Multiple Choice $11.627.61 $11,073.92 $11,345.65 $11,406.13 $10,520.22

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