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

Assuming an interest rate of 10%, the present value of $5,000 received at the end of each year for 5 years would be closest to: Present Value of $1 Periods56789108%0.6810.6300.5830.5400.5000.46310%0.6210.5640.5130.4670.4240.38612%0.5670.5070.4520.4040.3610.32214%0.5190.4560.4000.3510.3080.270 Present Value of Annuity of $1 Periods 8%10%12%14% A. $25,000 B. $18,955 C. $3,105 D. $38,610

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