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What is the present value of $12,550 to be received 3 years from today if the discount rate is 5 percent? $11,383.22 $10,841.16 $10,315.19 $7,530.00

What is the present value of $12,550 to be received 3 years from today if the discount rate is 5 percent?
$11,383.22
$10,841.16
$10,315.19
$7,530.00
$10,759.60

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