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Roy is going to receive a payment of $5,000 one year from today. He earns an average of 6% on his investments. What is the

Roy is going to receive a payment of $5,000 one year from today. He earns an average of 6% on his investments. What is the present value of this payment? A) $4,717 B) $4,821 C) $5,000 D) $5,300

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