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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? Multiple Choice $7,620.00 $9,650.96

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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? Multiple Choice $7,620.00 $9,650.96 O $10,888.20 $10,366.98 O $9,688.77

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