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Chucky Savage will be retiring from his job at the butcher shop in three years. At that time he will receive a retirement check of

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Chucky Savage will be retiring from his job at the butcher shop in three years. At that time he will receive a retirement check of $182,000. Assuming an interest rate of 3%, the present value of Chucky's retirement is closest to: $161,062 $166,556 $165,079 $161,797

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