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Business, 28.01.2020 17:44 aidanwindsor1738

You are promised that when you retire from your current job, in 40 years' time, you will receive a gold watch valued at $1 000. if you can invest money at 5% annual interest, what is the present worth of this promise?
select one:

a. $142
b. $167
c. $211
d. $156
e. $231

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Answers: 1

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