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K 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

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K 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 th next four years. What is the present value of this business opportunity if the interest rate is 7% per year? A. $155 OB. $65 C. $207 D. $129

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