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Assuming that the annual interest rate is 5% (EAR), what is the present value of $4,000 received every four years forever, with the first payment

Assuming that the annual interest rate is 5% (EAR), what is the present value of $4,000 received every four years forever, with the first payment received today. $24,000.00 $20,000.00 $18,560.95 $22,560.95

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