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The present value of $52,000 to be received in 1 year, at 6% compounded annually, is (rounded to nearest dollar) Use the present value table

The present value of $52,000 to be received in 1 year, at 6% compounded annually, is (rounded to nearest dollar) Use the present value table in Exhibit 8.

a.$46,429

b.$49,057

c.$52,000

d.$48,598

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