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Compute the present value of the following single amounts to be received at the end of the specified period at the given interest rate. Invested

Compute the present value of the following single amounts to be received at the end of the specified period at the given interest rate.

Invested Interest Number of

Item Amount Rate Periods

a. $8,000 2.5% 12

b. $10,000 6.0% 8

c. $60,000 1.5% 20

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