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Calculate the present value of $4,000 received five years from today if your investments pay (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Present Value a. 7 percent compounded annually $ b. 9 percent compounded annually c. 11 percent compounded annually d. 11 percent compounded semiannually e. 11 percent compounded quarterly

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Financial Management, Finance

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