Question: Multiple Choice Question n 4% 5% 6% 1 0.961538 0.952381 0.943396 2 0.924556 0.907029 0.889996 3 0.888996 0.863838 0.839619 Using the present value of a

Multiple Choice Question n 4% 5% 6% 1 0.961538 0.952381 0.943396 2 0.924556 0.907029 0.889996 3 0.888996 0.863838 0.839619 Using the present value of a single sum table above, calculate the present value of $80,000 to be received in 1 year, assuming a desired rate of return of 4%. Multiple choice question. $83,200 $76,923 $78,422 $81,322

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