question archive What is the present value of $11,463 to be received 7 years from today? Assume a discount rate of 3
What is the present value of $11,463 to be received 7 years from today? Assume a discount rate of 3
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What is the present value of $11,463 to be received 7 years from today? Assume a discount rate of 3.5% compounded annually and round to the nearest $1.
A) $5,790
B) $6,508
C) $7,210
D) $9,010
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