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Please provide detailed explanation of calculation. Thank you. What is the present value (PV) of an investment that pays exist120,000 every year for four years

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Please provide detailed explanation of calculation. Thank you.

What is the present value (PV) of an investment that pays exist120,000 every year for four years if the interest rate is 7% APR, compounded quarterly? A. exist485, 718 B. exist404, 765 C. exist445, 242 D. exist526, 195

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