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How much money would you have to deposit today to create an income stream that pays $10,000 one year from today and continues to make

How much money would you have to deposit today to create an income stream that pays $10,000 one year from today and continues to make annual payments forever, with payments after the first $10,000 growing at 4% per year? Assume money that you invest today to fund this income stream earns a 7% rate of return.

$250,000

$1,250,000

$142,857

$333,333

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