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Question 5 5 5 p The following formula for computing the present value of $654 to be received in 7 years, assuming the discount rate

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Question 5 5 5 p The following formula for computing the present value of $654 to be received in 7 years, assuming the discount rate is 6 percent, which one is correct? 654(1+0.067) 654/(1+0.07)^6 654"(1+0,06)^7 O 654/(1+0,06) 7 654"(1+0.07)^6 Next Previous

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