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Which one of the following is the correct formula for the current value of $600 invested today at 5 percent interest for 6 years? O

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Which one of the following is the correct formula for the current value of $600 invested today at 5 percent interest for 6 years? O APV = $600/[(1 +.06) OS.PV = $600 / (1+ OC.PV $600/(1+ 5) OD.PV $600/6.06* O E.PV = $600/[(1 +.05) 106) 0536 5) 6) QUESTION 3

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