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Your father offers you a choice of 100,000 in 10 years or $46,500 today. If money is discounted at 8 percent, what is the present

Your father offers you a choice of 100,000 in 10 years or $46,500 today. If money is discounted at 8 percent, what is the present value of the 100,000? Round the final answer to 2 decimal places.

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