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Your grandmother has promised to give you $2,500 in three years when you graduate from college. What is the value of this gift today, assuming

Your grandmother has promised to give you $2,500 in three years when you graduate from college. What is the value of this gift today, assuming interest of 9% compounded annually? (Use a financial calculator] Multiple Choice $2,104 $3,238. $1,930. $1,984

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