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Dinah Mite has an investment that will pay $5,000 at the end of each year for the next five years. If she requires a 10

  • Dinah Mite has an investment that will pay $5,000 at the end of each year for the next five years. If she requires a 10 percent rate of return, how much can she pay for the investment today?A.$30,526
  • B.$38,609
  • C.$8,053
  • D.$18,954

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