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Given that the interest rate is 10% per annum, what is the present value of an investment that has 5 equal payments of $50,000 each
Given that the interest rate is 10% per annum, what is the present value of an investment that has 5 equal payments of $50,000 each year for 5 years, starting today?
1A.$ 178, 493.27 B.$ 158 , 493.27 C.$ 208, 493.27 D.$ 25,000 E.$ 250 ,000
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