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What is the present value of $11,463 to be received 7 years from today? Assume a discount rate of 3.5% compounded annually and round to

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What is the present value of $11,463 to be received 7 years from today? Assume a discount rate of 3.5% compounded annually and round to the nearest $1. $5,790 $6,508 $7,210 $9,010

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