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What is the present value of a $5,000 payoff in three years at 2.5% interest rate? a.$4642.99 b.$5394.56 c.$2560.00 d.$4878.05

What is the present value of a $5,000 payoff in three years at 2.5% interest rate?

a.$4642.99

b.$5394.56

c.$2560.00

d.$4878.05

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