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Sagot :
Answer:
1,769
Step-by-step explanation:
The computation of the sum is shown below:
Future value = Present value × (1 + rate of interest)^number of years
2,590 = Present value × (1 + 0.10)^4
2,590 = Present value × 1.10^4
So, the present value is
= 2,590 ÷ 1.10^4
= 2,590 ÷ 1.4641
= 1,769
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