Question: 3. For all problems assume that the interest rate is 12% - What is the present value of receiving a lump sum of $10,000 in

3. For all problems assume that the interest rate is 12% - What is the present value of receiving a lump sum of $10,000 in year ten? [ 2 Points) $1,000 $3,219.73 $10,000 None of the above

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