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What's the present value of $1,425 discounted back 4 years if the appropriate interest rate is 6%, compounded monthly? a. $1,122.94 b. 51,128.73 C. $1,396.85

What's the present value of $1,425 discounted back 4 years if the appropriate interest rate is 6%, compounded monthly? a. $1,122.94 b. 51,128.73 C. $1,396.85 d. 51,121,62 e. $1,124.91

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