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Jefferson will receive $2,567 from his grandparents 7 years from now. If the discount rate is 20% compounded annually, how much is Jefferson's money worth
Jefferson will receive $2,567 from his grandparents 7 years from now. If the discount rate is 20% compounded annually, how much is Jefferson's money worth today? Group of answer choices $654.83 $716.40 $675.97 $9,198.03
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