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    Business
  3. Study Set
    Money the Financial System
  4. Exam
    Exam 4: Interest Rates and Rates of Return
  5. Question
    At an Interest Rate of 6%, What Is the Present
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At an Interest Rate of 6%, What Is the Present

Question 13

Question 13

Multiple Choice

At an interest rate of 6%, what is the present value of $10,000 to be received five years from now?


A) $5000
B) $7473
C) $10,000
D) $13,382

Correct Answer:

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