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What is the present value of $ 5 0 0 to be received 8 years from now discounted back to the present at 8 percent?


What is the present value of $500 to be received 8 years from now discounted back to the present at 8 percent?

The present value of $500 to be received 8 years from now discounted back to the present at 8 percent is $nothing. (Round to the nearest cent.)

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