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What is the present value of $12,700 to be received 4 years from today if the discount rate is 7 percent? $10,366.98 $10,888.20 $9,688.77 $7,620.00

What is the present value of $12,700 to be received 4 years from today if the discount rate is 7 percent?

$10,366.98

$10,888.20

$9,688.77

$7,620.00

$9,650.96

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