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An investment will pay you $23,000 in 10 years. The appropriate discount rate is 10 percent compounded daily. What is the present value? Multiple Choice

An investment will pay you $23,000 in 10 years. The appropriate discount rate is 10 percent compounded daily. What is the present value? Multiple Choice $8,462.39 $8,885.51 $8,039.27 $8,716.26 $8,867.50

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