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Ahiley, Inc. rents a communication satelite for 4 years with annual rental payments of 4.8 million to be made at the begging of each year.

Ahiley, Inc. rents a communication satelite for 4 years with annual rental payments of 4.8 million to be made at the begging of each year. If the relevant annual interest rate is 5%, what is the PV function of the rental obligations?

Please provide formula

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