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Question 7 4 pts What's the present value of $1,325 discounted 5 years if the appropriate interest rate is 6%, compounded monthly? O $1,110 O

Question 7 4 pts What's the present value of $1,325 discounted 5 years if the appropriate interest rate is 6%, compounded monthly? O $1,110 O $1,292 O $1,100 O $1,022 O $982

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