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What is the present value of $ 1 8 0 , 0 0 0 to be received in 9 years from today. Assume a per

What is the present value of $

180, 000

to be received in

9

years from today. Assume a per annum discount rate of

13 %,

compounded annually.

(

Round to nearest penny, e

.

. 1234.56)

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