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The present value of $500,000 received at the end of five years discounted at 10% is A: $310,461. B: $306,957. C: $805,255. D: None of

The present value of $500,000 received at the end of five years discounted at 10% is

A: $310,461.

B: $306,957.

C: $805,255.

D: None of these choices are correct.

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