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Question 24 5 points Save Answe What's the present value of $14,500 discounted back 5 years if the appropriate interest rate is 6%, compounded annually?

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Question 24 5 points Save Answe What's the present value of $14,500 discounted back 5 years if the appropriate interest rate is 6%, compounded annually? O 1.$10,198.50 2. $10,835.24 3.$11,655.43 4. $10,406.63 5. $9,714.36

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