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Marigold Corp. will receive $620000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is

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Marigold Corp. will receive $620000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is $289236. In how many years is the $620000 received? Click here to view factor tables 7 years 6 years 8 years 9 years

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