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0 If you receive $ 3 0 0 at the end of each year for 1 0 years plus a lump sum of $ 2

0
If you receive $300 at the end of each year for 10 years plus a lump sum of $2,000 at the end of year 10, what is the present value of these receipts? Assume an interest rate of 5%.
Select one:
a. $3,390.69
b. $3,544.35
c. $3,440.77
d. $3,642.76
e. $3,873.90
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