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John expects a monthly payment starting in one month. The amount is $ 1200 per month for 100 months. What is the present value of
John expects a monthly payment starting in one month. The amount is $ 1200 per month for 100 months. What is the present value of these payments based on the 8% annual rate of return? Choose one answer 87,380 88,104 87,004 90,724
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