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What is the present value of $12,200 to be received 4 years from today if the discount rate is 5 percent? $10,538.82 $10,459.53 $10,036.97 $7,320.00

What is the present value of $12,200 to be received 4 years from today if the discount rate is 5 percent?

$10,538.82

$10,459.53

$10,036.97

$7,320.00

$10,027.51

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