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You currently earn 8.6% compounded annually on your investments. You are scheduled to receive $18,000 in five years. ?What would be an equivalent present value

You currently earn 8.6% compounded annually on your investments. You are scheduled to receive $18,000 in five years. ?What would be an equivalent present value of this scheduled cashflow? O a. $15,916 O b. $14,916 O c. $13,916 O d. $12,916 O e. $11,916
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You currently earn 8.6% compounded annually on your investments. You are scheduled to receive $18,000 in five years. ?What would be an equivalent present value of this scheduled cashflow? a. $15,916 b. $14,916 c. $13,916 d. $12,916 e. $11,916

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