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Jules and Vern have been promised $13,000 in 5 years If interest rates are 625, what would their promised $13.000 be worth today? Select one
Jules and Vern have been promised $13,000 in 5 years If interest rates are 625, what would their promised $13.000 be worth today? Select one a. Less than $9,500 b. Between $9.500 and $10,000 c Between $10,000 and $10.500 d. Between $10.500 and $11.000 e Greater than $11,000
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