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Russell Company has acquired a building with a loan that requires payments of $19,500 every six months for 4 years. The annual interest rate on

Russell Company has acquired a building with a loan that requires payments of $19,500 every six months for 4 years. The annual interest rate on the loan is 10%. What is the present value of the building?

$65,420

$126,032

$156,000

$91,834

$61,813

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