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What is the present value (PV) of $70,000 received nine years from now, assuming the interest rate is 5% per year? O A. $45,123 O

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What is the present value (PV) of $70,000 received nine years from now, assuming the interest rate is 5% per year? O A. $45,123 O B. $38,354 O C. $45,500 OD. $78,965

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