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PMT = $ 5 , 0 0 0 per year for 1 0 years. At a rate of 7 . 0 0 % per year,

PMT = $5,000 per year for 10 years. At a rate of 7.00% per year, how much is the PV of the payments?
Group of answer choices
a: $50,000.00
b: $35,117.91
c: $24,342.09
d: $69,082.24

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