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What is the present value (PV) of $70,000 received seven years from now, assuming the interest rate is 6% per year? A $46,554 B. $45,500

What is the present value (PV) of $70,000 received seven years from now, assuming the interest rate is 6% per year? A $46,554 B. $45,500 OC. $39,571 D. $81.470

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