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Micah will receive $3,000 four months from now and $14,000 15 months from now. The annual discount rate is 8%. Find the total present value

Micah will receive $3,000 four months from now and $14,000 15 months from now. The annual discount rate is 8%. Find the total present value of the two payments. O a. $12,250 O b. $14,220 O C. $15,640 O d. $13,908 O e. $13,870

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