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Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is closest to the present

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Drew receives an inheritance that pays him $54,000 every three months for the next two years. Which of the following is closest to the present value (PV) of this inheritance if the interest rate is 8.9% (EAR)? $432,000 $314,366 $392.957 $471.549

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