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Present Value 8-12. Calculate the present value of $80,000 at a 5 percent annual discount rate to be received in: a. 5 years b. 10

Present Value 8-12. Calculate the present value of $80,000 at a 5 percent annual discount rate to be received in: a. 5 years b. 10 years c. 15 years d. 20 years

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