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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. $18,954
B. $8,053
C. $38,609
D. $30,526

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