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You are provided with four different table factors relating to a 10% discount rate:6.1051, 1.61051, 0.62092, and 3.79078.Select the proper table factor for and determine
You are provided with four different table factors relating to a 10% discount rate:6.1051, 1.61051, 0.62092, and 3.79078.Select the proper table factor for and determine the discounted present value of the $12,000 to be received in five years.
$73,261
$7,451
None of these.
$45,489
$19,326
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