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What Is the Present Value of $36,500 to Be Received

Question 170

Multiple Choice

What is the present value of $36,500 to be received five years from today if the discount rate is 6.75%?

A) $26,330.16
B) $26,678.19
C) $26,911.47
D) $28,008.19
E) $28,123.76

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