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hat is the present value of a $250 deposit in year 1, and another $50 deposit at the end of year 6 if interest rates
hat is the present value of a $250 deposit in year 1, and another $50 deposit at the end of year 6 if interest rates are 10 percent?
Multiple Choice
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$120.00
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$169.34
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$255.50
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$278.22
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