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What is the present value of $300 to be received in 10 years if it is discounted quarterly at an 8% annual rate? $101.25 $135.87

What is the present value of $300 to be received in 10 years if it is discounted quarterly at an 8% annual rate?

$101.25

$135.87

$279.20

$300.00

$360.66

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