Question: Given a present value factor of 0 . 8 5 4 8 , assuming a 4 % discount rate, the present value of $ 1

Given a present value factor of 0.8548, assuming a 4% discount rate, the present value of $17000
payment received in 4 years is
$3633.
$14532.
$19888.
none of these answer choices are correct.

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