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I need the answer to this question, along with an explanation as to how you got the answer. I have attached a picture of it

I need the answer to this question, along with an explanation as to how you got the answer. I have attached a picture of it below.

C. Cause 6. If the interest rate is R = 0.10, (approximately) what is the Present Value of $69.63 to be received one year from today? a. approximately $62.67 b. $62.20 c. $58.42 d. $63.30 e. None of the above

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