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What is the present value of $13,650 to be received 3 years from today if the discount rate is 5.25 percent? a. $12,322.21 b. $11,707.56

What is the present value of $13,650 to be received 3 years from today if the discount rate is 5.25 percent?

a. $12,322.21

b. $11,707.56

c. $11,590.48

d. $7,800.00

e. $11,611.02

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