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What is the present value of $50,463 to be received 7 years from today? Assume a discount rate of 4% compounded annually and round to

What is the present value of $50,463 to be received 7 years from today? Assume a discount rate of 4% compounded annually and round to the nearest $1. $25,490 $36,574 $38,348 $29,514

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