What is the present value of the given amount to be recieved

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Question: What is the present value of the following amount $318,102 to be recieved 12 years from now discounted back to the present at 7 percent compounded annually. Round 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: EM132049818

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