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Using the tables from your textbook, what would be the present value of $15,000 (rounded to the nearest dollar) to be received three years from
Using the tables from your textbook, what would be the present value of $15,000 (rounded to the nearest dollar) to be received three years from today, assuming an earnings rate of 10%?
A.$37,305
B.$11,265
C.$13,500
D.$6,031
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