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What is the PV of a future sum if: FV = 25000 # of periods = 15 Interest rate = 8% Compounding times per period

What is the PV of a future sum if:

FV = 25000

# of periods = 15

Interest rate = 8%

Compounding times per period = 12

A: 7229

B: 7559

C: 7963

D: 7624

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