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QUESTION 2 The rate of earnings is 1 2 % and the cash to be received in 2 years is $ 1 0 , 0

QUESTION 2
The rate of earnings is 12% and the cash to be received in 2 years is $10,000. Determine the present value amount, using the following partial table of present value of $1 at compound interest.
\table[[Year,6%,10%,12%
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