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QUESTION 31 Someone offers to buy your car for four, equal annual payments, beginning 3 years from today. If you think that the present

QUESTION 31 Someone offers to buy your car for four, equal annual payments, beginning 3 years from today. If you think that the present value of your car is $10,000 and the interest rate is 10%, what is the minimum annual payment that you would accept? (hint: draw a clear time line first) 3,817.2 2,154.7 3,021.1 4,198.9

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