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What is the value today of receiving $3,700 at the end of four years, assuming an interest rate of 8% compounded annually? (FV of $1,
What is the value today of receiving $3,700 at the end of four years, assuming an interest rate of 8% compounded annually? (FV of $1, PV of $1, FVA of $1 and PVA of $1). (Use appropriate factor(s) from the tables provided.) Multiple Choice $3,120 O $2,720 O $2,516 O $2,870
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