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Determine the present value of a $54,000 to be received in 10 years when the discount rate is 4%. Select one: a. $27,626 b. $22,500

Determine the present value of a $54,000 to be received in 10 years when the discount rate is 4%. Select one:

a. $27,626

b. $22,500

c. $29,984

d. $36,480

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