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Assumed to be computed without business calculator, please show your work as to how this is calculated. Determine the present value of a $60,000 to

Assumed to be computed without business calculator, please show your work as to how this is calculated.

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Determine the present value of a $60,000 to be received in 10 years when the discount rate is 4% Select one: A. $33,778 x B. $40,534 C. $30,696 D. $25,000

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