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How much would $20,000 due in 50 years be worth today if the discount rate were 6.25%, compounded quarterly? a. $461.08 b. $537.78 c. $503.76

How much would $20,000 due in 50 years be worth today if the discount rate were 6.25%, compounded quarterly?

a.

$461.08

b.

$537.78

c.

$503.76

d.

$510.89

e.

$900.23

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