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Consider the following cash flows: If the discount rate is 6 percent compounded monthly, what is the present value of the cash flows? $5,294.03 $5,670.44

Consider the following cash flows: If the discount rate is 6 percent compounded monthly, what is the present value of the cash flows? $5,294.03 $5,670.44 $5.482.13 $4,304.90

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