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An investor can make 3 end of year payments of $12,000, starting this year, which will generate a receipt of $8,000 at the end of

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An investor can make 3 end of year payments of $12,000, starting this year, which will generate a receipt of $8,000 at the end of year 4, which will increase annually by S2000 for the following 4 years. The investment will earn a return of 10% At year 5, the entire investment is close to: O a. S15,412 ObS5239 OcS6550 O d. 5815

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