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Marcos is investing $ 5 today at 7 percent interest so he can have $ 3 5 later. This $ 3 5 is referred to

Marcos is investing $

5

today at

7

percent interest so he can have $

35

later. This $

35

is referred to as the:

Multiple Choice

true value.

future value.

present value.

discounted value.

complex value.

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