How much would $2,800 due in 50 years be worth today if the discount rate were 7.5%?
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Question:
How much would $2,800 due in 50 years be worth today if the discount rate were 7.5%?
Select the correct answer.
a. $72.89
b. $76.49
c. $74.09
d. $71.69
e. $75.29
Expert Answer:
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