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What is the cash value of $5000 if it is discounted for 5 years at 10% compounded yearly? a. $3104.61 b. $3000.61 c.
What is the cash value of
$5000
if it is discounted for 5 years at
10%
compounded yearly?\ a.
$3104.61
\ b.
$3000.61
\ c.
$3228.43
\ d.
$3143.28
\ e.
$3100.61
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