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Emily expects to receive $ 50,000 from a trust fund in 4 years. What is the current value of this fund it is discounted at

Emily expects to receive $ 50,000 from a trust fund in 4 years. What is the current value of this fund it is discounted at 9% compounded quarterly ?

Select one :

a $ 35,023.29

b. $35,023.29

c.$71,431.03

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