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The present value, today, of an amount of $27,000 due in 10 years time, if the appropriate rate is 9.0% per annum compounding annually, is

The present value, today, of an amount of $27,000 due in 10 years time, if the appropriate rate is 9.0% per annum compounding annually, is closest to: Select one: O a. $11087 O b. $63919 O c. $11195 O d. $11405

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