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What is the present value of $4,200 to be received in 5 years if the appropriate interest rate is 4.5%, compounded monthly? $3,251 $3,355 53,602

What is the present value of $4,200 to be received in 5 years if the appropriate interest rate is 4.5%, compounded monthly? $3,251 $3,355 53,602 $3.598 $3.422

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