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Help with question. Can you also show work please?! 11. Mike is considering an investment that will pay $9,400 a year for four years, starting

Help with question. Can you also show work please?!

11. Mike is considering an investment that will pay $9,400 a year for four years, starting one year from today. What is the present value of this investment if he desires a rate of return of 10.2 percent? A. $17,899.08 B. $19,117.36 C. $20,186.75 D. $29,668.19 E. $38,153.55 Page 3 of 8

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