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What is the present value of $9,500 payable at the end of 7 years? Use a nominal rate (monthly compounding) of 8.25%. $4,826 $5,409 $4,845

What is the present value of $9,500 payable at the end of 7 years? Use a nominal rate (monthly compounding) of 8.25%. $4,826 $5,409 $4,845 $4,995 $5,342

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