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help Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity
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Following is a table for the present value of $1 at compound interest: Following is a table for the present value of an annuity of $1 at compound interest: Using the tables provided, if an investment is made now for $15,150 that will generate a cash inflow of $5,050 a year for the next 4 years, the net present value (rounded to the nearest dollar) of the investment, assuming an earnings rate of 10%, is a. 55050 . b. 516000 c. $859 d. $15,190 Step by Step Solution
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