11 (Related to Checkpoint 5.4) (Present value) What is the present value...
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(Related to Checkpoint 5.4) (Present value) What is the present value of $800 to be received 13 years from now discounted back to the present at 12 percent? The present value of $800 to be received 13 years from now discounted back to the present at 12 percentis (Round to the nearest cent.)
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