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Calculate the present value of five payments of $1500.00 made at the end of each of five consecutive years respectively if money is worth 6%

  1. Calculate the present value of five payments of $1500.00 made at the end of each of five consecutive years respectively if money is worth 6% compounded annually. Group of answer choices $7950.00 $7486.52 $7050.00 $6318.55

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