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Question Content Area Here is a table for the present value of $ 1 at compound interest. Year 6 % 1 0 % 1 2

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Here is a table for the present value of $1 at compound interest.
Year 6%10%12%
10.9430.9090.893
20.8900.8260.797
30.8400.7510.712
40.7920.6830.636
50.7470.6210.567
Here is a table for the present value of an annuity of $1 at compound interest.
Year 6%10%12%
10.9430.9090.893
21.8331.7361.690
32.6732.4872.402
43.4653.1703.037
54.2123.7913.605
Using the provided present value tables, if an investment is made now for $16,050 that will generate a cash inflow of $5,350 a year for the next four years, what would be the net present value of the investment, assuming an earnings rate of 10%? Round your answer to the nearest dollar.
a. $16,050
b. $16,960
c. $910
d. $5,350

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