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A wholesale company has signed a contract with a supplier to purchase goods for$80,000annually.Thefirst purchase will be made now to be followed by 10more.What is

A wholesale company has signed a contract with a supplier to purchase goods for$80,000annually.Thefirst purchase will be made now to be followed by 10more.What is the contract'spresent worth at a 10% interest rate?

a.$771,108

b.$880,000

c.$675,308

d.$571,565

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