If the interest rate is 8 percent, the present value of $10,000 to be received 10 years from today is about
A) $21,589.
B) $9,259.
C) $4,632.
D) $10,800.
C
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What will be an ideal response?
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A. microeconomics B. development economics C. macroeconomics D. labor economics
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Fill in the blank(s) with the appropriate word(s).