Question: Use the following table to answer the question. What is the oresent value of $11,200 to be received in four years, if the market rate

Use the following table to answer the question. What is the

Use the following table to answer the question. What is the oresent value of $11,200 to be received in four years, if the market rate is 10% compounded annually? Round your answer to two decimal places

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