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Question 4 of 8 What is the present value of $ 5 0 , 0 0 0 to be received after 8 years assuming you

Question

4

8

What is the present value of $

50, 000

to be received after

8

years assuming you earn

7 %

interest annually?

Enter your answer as a positive number

(

round to the nearest dollar if necessary

) .

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