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What is the present value of $4,000 received 14 years from now, if the appropriate discount rate is 8% ? $2,649.64 $812.37 $1,060.47 $1,361.84

image text in transcribed What is the present value of $4,000 received 14 years from now, if the appropriate discount rate is 8% ? $2,649.64 $812.37 $1,060.47 $1,361.84

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