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Using a discount rate of 6.25%, what is the worth today of a lump-sum payment of $186,000 that will be received 18 years from now?
Using a discount rate of 6.25%, what is the worth today of a lump-sum payment of $186,000 that will be received 18 years from now?
$79,488
$87,442
$62,459
$72,459
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