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Question 15 1 pts As the winner of a competition you are entitled to $5,000 at the end of next year, with the amount growing

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Question 15 1 pts As the winner of a competition you are entitled to $5,000 at the end of next year, with the amount growing at 10% p.a. for 10 years. Assuming the interest rate for valuing this prize is 5% p.a., the present value today of this prize is closest to: $59,233 $96,485. $159,233 The present value cannot be calculated

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