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Assuming an interest rate of 10%, the present value of $17,000 received at the end of each year for 5 years would be closest to:

Assuming an interest rate of 10%, the present value of $17,000 received at the end of each year for 5 years would be closest to: A. $85,000 B. $64,447 C. $9,588 D. $103,785

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