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If $8,000 is invested in a certain business at the start of the year, the investor will receive $2,400 at the end of each of
If $8,000 is invested in a certain business at the start of the year, the investor will receive $2,400 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 4% per year? O A. $1,139 OB. $712 O C. $356 OD. $854
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