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The present value of $42,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar) ______ . Use the present

The present value of $42,000 to be received in one year, at 6% compounded annually, is (rounded to nearest dollar) ______ . Use the present value table in Exhibit 8.

a.$39,252

b.$42,000

c.$37,500

d.$39,623

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