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Marissa wants to receive $21,000 at the beginning of each of the next 20 years. If her opportunity cost rate is 8 percent compounded annually,

Marissa wants to receive $21,000 at the beginning of each of the next 20 years. If her opportunity cost rate is 8 percent compounded annually, how much must he deposit in an account today? Use a financial calculator to make the calculation.

a. $212,852

b. $222,676

c. $232,421

d. $242,754

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