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need help please Assuming an interest rate of 6%, the present value of $20,000 to be received 9 years from now would be closest to
need help please
Assuming an interest rate of 6%, the present value of $20,000 to be received 9 years from now would be closest to A. $11,840 B. $33,784 C. $14,940 D. $31,880Step by Step Solution
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