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An investment will pay you $23,000 in 9 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 $23,000 in 9 years. The appropriate discount rate is 8 percent compounded daily. What is the present value? Multiple Choice $11,532.07 $11,755.99 $10,63638 $11,196.19 $11,505.73

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