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What is the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded

What is the present value of seven $850 cash flows occurring at the end of the next 7 years at a rate of 4.75% compounded annually?

A) $4,963.29

B) $3,896.37

C) $2,947.58

D) $5,478.93

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