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If $10,000 is invested in a certain business at the start of the year, the investor will receive $3,000 at the end of each of

If $10,000 is invested in a certain business at the start of the year, the investor will receive $3,000 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?

a. 194

b. 81

c. 162

d. 259

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