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What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6% per year? Select one:
What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6% per year?
Select one:
a. $404.
b. $417.
c. $388.
d. $411.
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