Find the present value to the nearest cent.Joshua obtained a loan of $7900 for 360 days at 12%. If the value of money is 16.3%, find the present value in 247 days.
A. $7731.50
B. $7644.75
C. $8417.34
D. $7637.83
Answer: C
Mathematics
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C. -1
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= 0.
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