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Let us assume that Paulie will receive a one-time payment of $56,000 seven years from now. Assuming the interest rate of 10.5% a year and
Let us assume that Paulie will receive a one-time payment of $56,000 seven years from now. Assuming the interest rate of 10.5% a year and that it will compound semiannually, what's the present value of the $56,000 that will be received? O $27,357.64 O $27,515.61 O $27,838.90 O $31,256.53
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