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please use formulas Todd will gain access to his inheritance of $12,850 in exactly 4 years. Todd discounts cash at 5 percent annually. What is

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Todd will gain access to his inheritance of $12,850 in exactly 4 years. Todd discounts cash at 5 percent annually. What is the minimum amount Todd would accept today in exchange for his inheritance? Multiple Choice $11,100,31 $11016.80 $10.561.76 $10.571.73 $7710.00

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