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If money can be invested at 5.4% compounded quarterly, which is larger, $3457 now or $5000 in 7 years? Use present value to decide. The

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If money can be invested at 5.4% compounded quarterly, which is larger, $3457 now or $5000 in 7 years? Use present value to decide. The present value of $5000 in 7 years is $ (Round to the nearest cent as needed.) Which value is larger? A. $5000 in 7 years B. $3457 now

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