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Jimmy is scheduled to receive $38,000 five years from now. What is the Present Value of this cash inflow if the interest rate is

Jimmy is scheduled to receive $38,000 five years from now. What is the Present Value of this cash inflow if the interest rate is 10.2%, and it compounds semiannually (i.e. twice a year)? O $23,017.68 O $22,356.35 O $23,381.68 O $24,254.92

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