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Q11. What is the present value of $20,000 received at the end of four years, if funds could currently be invested at 8% per annum,

Q11. What is the present value of $20,000 received at the end of four years, if funds could currently be invested at 8% per annum, compounded annually?

"$13,600.00 "

"$14,700.60 "

"$15,151.52 "

"$18,518.52 "

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