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What is the present value of $12,800 to be received 3 years from today if the discount rate is 5 percent? Multiple Choice $7,680.00 $11,609.98

What is the present value of $12,800 to be received 3 years from today if the discount rate is 5 percent? Multiple Choice $7,680.00 $11,609.98 $10.973.94 $11,05712

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