Find the present value of the future amount

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Question: What is the present value of the following future amount? $198581, to be received 8 years from now, discounted back to the present at 10 percent, compounded annually Round the answer to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132049739

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