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What is the value today of receiving $ 3 , 9 0 0 at the end of two years, assuming an interest rate of 8

What is the value today of receiving $

3, 900

at the end of two years, assuming an interest rate of

8 %

compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar.

(

FV of $

1,

PV of $

1,

FVA of $

1,

and PVA of $

1) .

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