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What is the present value of $15,000 to be received in 8 years if you earn 7 percent compounded quarterly? $12,119.57 $8,325.82 $8,609.74 $12,314.89

What is the present value of $15,000 to be received in 8 years if you earn 7 percent compounded quarterly?

$12,119.57

$8,325.82

$8,609.74

$12,314.89

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