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(Present value) What is the present value of $700 to be received 14 years from now discounted back to the present at 9 percent? Question
(Present value) What is the present value of
$700
to be received
14
years from now discounted back to the present at
9
percent?
Question content area bottom
Part 1
The present value of
$700
to be received
14
years from now discounted back to the present at
9
percent is
$enter your response here.
(Round to the nearest cent.)
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