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If you pay rent of $1,200 due on the beginning of each year. If the annual interest rate is 8%, the present value of 5

If you pay rent of $1,200 due on the beginning of each year. If the annual interest rate is 8%, the present value of 5 year's rent is: ut of uestion Select one: O a. $6170 O b. $8200 O c. $5174.55 O d. $7120

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