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Cindy can afford to pay $5,000 per year for the next 10 years for a business loan. At a rate of 5.00% per year, how

Cindy can afford to pay $5,000 per year for the next 10 years for a business loan. At a rate of 5.00% per year, how much money can Cindy borrow today?

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$62,889.46

$3,069.57

$18,953.93

$38,608.67

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