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What is the present value of $40,000 that will be received 6 years from today if the discount rate is 12 percent/year compounded monthly? $19.539.84

What is the present value of $40,000 that will be received 6 years from today if the discount rate is 12 percent/year compounded monthly? $19.539.84 $18,644,03 $19,514.99 $18,964.16 $20,288.47

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