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HELP QUICK PLS What is the present value of a $20,000 lump sum that you will receive three years from now and that was in
HELP QUICK PLS
What is the present value of a $20,000 lump sum that you will receive three years from now and that was in an account that earned 5% per year compounded semi-annually? The present value is $ (Round the final answer to the nearest cent as needed. Keep all decimal places as you work through the problem.) Step by Step Solution
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