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Using tables from your textbook, what is the present value of $4,000 (rounded to the nearest dollar to be received at the end of each
Using tables from your textbook, what is the present value of $4,000 (rounded to the nearest dollar to be received at the end of each of the next 3 years, assuming an earnings rate of 12%? a.
a. $24,870
b. $6,759
c. $4,984
d. $9,608
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