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If $ 10,000 is invested in a certain business at the start of the year, the investor will receive $3000 at the end of each
If $ 10,000 is invested in a certain business at the start of the year, the investor will receive $3000 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 7% per year? $172.45 $148.53 $161.63 $178.88
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