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ch26q num5 The rate of earnings is 12% and the cash to be received in 2 years is $66,007. Determine the present value amount, using

ch26q num5
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The rate of earnings is 12% and the cash to be received in 2 years is $66,007. Determine the present value amount, using the following partial table of present value of $1 at compound interest (round to two decimal points). a. $54,521.78 b. $46,996.98 c. $58,944.25 d. $52,607.58

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