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Blue Service Company has just purchased equipment that requires annual payments of $91000 to be paid at the end of each of the next 8

image text in transcribed Blue Service Company has just purchased equipment that requires annual payments of $91000 to be paid at the end of each of the next 8 years. The appropriate discount rate is 5%. What is the present value of the payments? $728000$588152$95550$674074

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