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QUESTION
Assuming an interest rate of 12%, the present value of $50,000 to be received 9 years from now would be closest to: $54,000 . $266,400 . $50,000 ....
Assuming an interest rate of 12​%, the present value of $50,000 to be received 9 years from now would be closest​ to:
A. $54,000
