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What is the present value (PV) of $70,000 received seven years from now, assuming the interest rate is 5% per year? LOD O A. $42.286

What is the present value (PV) of $70,000 received seven years from now, assuming the interest rate is 5% per year? LOD O A. $42.286 B. $87,058 C. $45,500 OD. $49,748

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