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The rate of earnings is 6% and the cash to be received in 4 years is $51,683. The present value amount, using the following partial

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The rate of earnings is 6% and the cash to be received in 4 years is $51,683. The present value amount, using the following partial table of present value of $1 at compound interest, is (round to two decimal points). Year 6% 10% 12% 0.943 0.890 0.840 0.792 0.909 0.826 0.751 0.683 0.893 0.797 0.712 0.636 a. $35,299.49 b. $32,870.39 c. $40,932.94 d. $43,413.72

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