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Need help with this practice question. Thank you in advanced! Question 19 What is the present value of a $100,000 cash that is receivable in

Need help with this practice question. Thank you in advanced!

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Question 19 What is the present value of a $100,000 cash that is receivable in 1 year, when the market rate of interest is 8% per annum? Not yet saved Marked out of 1.00 Select one: $92,593 P Flag question $108,000 $92,336 $85,774

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