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What is the present value of $2,500 to be received at the end of 6 years with interest rate at 12% compounded quarterly? 1.$1229.83 2.$1266.58

What is the present value of $2,500 to be received at the end of 6 years with interest rate at 12% compounded quarterly?

1.$1229.83

2.$1266.58

3.$1080.54

4.$1061.27

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