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What is the present value of $3000 to be received in 7 years, if the interest rate is 10%p.a. compounding fortnightly? O a. $1361 O

What is the present value of $3000 to be received in 7 years, if the interest rate is 10%p.a. compounding fortnightly? O a. $1361 O b. $1492 O c. $900 O d. $1539

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