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What is the present value of a $7,600 payment you will receive in 4 years? Assume the interest rate is 9%. Select one: a. $4,936.96

What is the present value of a $7,600 payment you will receive in 4 years? Assume the interest rate is 9%.

Select one:

a. $4,936.96

b. $11,537.88

c. $4,510.60

d. $5,383.84

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