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c What is the present value (PV) of $40,000 received twenty years from now, assuming the interest rate is 4% per year? A. $26,000 B.

c What is the present value (PV) of $40,000 received twenty years from now, assuming the interest rate is 4% per year? A. $26,000 B. $31,947 C. $18,255 D. $15,517

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