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If a property's NOI is $49,000 and a 7.21% discount rate is used, what is the discounted NOI after year one using annual compounding? A.

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If a property's NOI is $49,000 and a 7.21% discount rate is used, what is the discounted NOI after year one using annual compounding? A. $45,705 B. $44,777 C. $44,345 D. $48,777

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