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What is the present value of a $200 payment made in three years when the discount rate is 8 percent? What is the present value

What is the present value of a $200 payment made in three years when the discount rate is 8 percent?

What is the present value of a $200 payment made in three years when the discount rate is 8 percent? Multiple Choice $158.77 $515.42 $150.00 $251.94

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