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An investment will pay you $24,000 in 9 years. The appropriate discount rate is 9 percent compounded daily. Required: What is the present value? rev:

An investment will pay you $24,000 in 9 years. The appropriate discount rate is 9 percent compounded daily.

Required:
What is the present value?

rev: 09_17_2012

$10,143.78
$10,677.66
$10,997.99
$11,211.54
$11,050.27

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