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An investment will generate 10 payments of $100 every other month starting 2 months from now. What is the value of the investment today if

An investment will generate 10 payments of $100 every other month starting 2 months from now. What is the value of the investment today if the interest rate is 6% compounded monthly?

a."$1,192.60 " b.$947.00 c.$837.03 d.$819.35 e.$947.13

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