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Assuming an interest rate of 14%, the present value of $60,000 to be received 7 years from now would be closest to: (Click the icon

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Assuming an interest rate of 14%, the present value of $60,000 to be received 7 years from now would be closest to: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) O A. $60,000 OB. 558,800 o C. $24,000 OD. 5257,280

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