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Question 5 Which factor would be used to calculate the present value of $100 received each year for 5 years with a 10% interest rate?

Question 5

Which factor would be used to calculate the present value of $100 received each year for 5 years with a 10% interest rate?

Question 5 options:

0.62092

1.61051

3.79079

6.1051

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