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You have just received a profit from an investment you made in a friend's business. She will be paying you $12,000 in one year, $22,000

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You have just received a profit from an investment you made in a friend's business. She will be paying you $12,000 in one year, $22,000 in two years, and $37.000 three years from today. The interest rate is 7% per year. The present value of your profit is: O $57.957.15 $60,633.63 O $75,970.00 O $66,355.14

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