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How much will you pay for an investment if you expect to receive $3,500 end of each year in perpetuity and if the appropriate interest

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How much will you pay for an investment if you expect to receive $3,500 end of each year in perpetuity and if the appropriate interest rate is 5%? $50,000.00 $60,000.00 $300,000.00 $150,000.00 O S70,000.00 $350,000.00 $200,000.00 Cannot compute. Not enough information

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