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help psl Assuming an interest rate of 8%, the present value of $5,000 received at the end of each year for 5 years would be

help psl

Assuming an interest rate of 8%, the present value of $5,000 received at the end of each year for 5 years would be closest to A. $3,405 B. $25,000 C. $19,965 D. $32,315

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