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Mo will receive a perpetuity of $30,000 per year forever, while Curly will receive the same annual payment for the next 30 years. If the

Mo will receive a perpetuity of $30,000 per year forever, while Curly will receive the same annual payment for the next 30 years. If the interest rate is 7.4 percent, how much more are Mo's payments worth?

a.$47,616.90

b.$46,128.87

c.$49,997.74

d.$42,408.80

e.$44,640.84

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