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You expect to receive $10,000 in 5 years from your brother. If your discount rate is 5%, what is the present value of that amount

You expect to receive $10,000 in 5 years from your brother. If your discount rate is 5%, what is the present value of that amount today to the nearest dollar? a. $10,500 b. $9,524 c. $7,835 d. $12,763

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