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You will receive AUD $100,000 in 2 years and the simple interest rate is 6% pa. What is the present value of this future cash

You will receive AUD $100,000 in 2 years and the simple interest rate is 6% pa. What is the present value of this future cash receipt? Select one: A. AUD 88,999.64 B. None of these C. AUD 90,909.09 D. AUD 94,339.62 E. AUD 89,285.71

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