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Calculate the present value of the following annuity streams: a) $1,000 received each year for 5 years on the first day of each year if

Calculate the present value of the following annuity streams:

a) $1,000 received each year for 5 years on the first day of each year if your investments pay 6 percent compounded annually.

Group of answer choices

$4,212.36

$6,801.91

$4,329.48

$4,465.11

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