Using an interest rate of 5 percent, which figure has the largest present value? a. $5,000 b.
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Using an interest rate of 5 percent, which figure has the largest present value?
a. $5,000
b. $5,050 to be received two years from now
c. $5,075 to be received three years from now
d. $5,500 to be received ten years from now
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