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    Exam 9: Compound Interest - Future Value and Present Value
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    What Is the Discounted Value of $9900
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What Is the Discounted Value of $9900

Question 72

Question 72

Multiple Choice

What is the discounted value of $9900.00 due in five years, seven months if money is worth 2.2% compounded quarterly.


A) $9031
B) $9118
C) $6855
D) $6876
E) $8757

Correct Answer:

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