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What is the present value of a $5,000 payment you will receive in one year, assuming a discount rate of 2%? a.) $4,876 b.) $4,902

What is the present value of a $5,000 payment you will receive in one year, assuming a discount rate of 2%?

a.)

$4,876

b.)

$4,902

c.)

$4,921

d.)

$4,980

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