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Salvatore has the opporturity to imost in a scheme which will pay $7,600 at the end of each of the rext 5 years. He must

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Salvatore has the opporturity to imost in a scheme which will pay $7,600 at the end of each of the rext 5 years. He must invest 515,000 at the start of the frint year and an additional $15,000 at 1 end of the first year. What is the present value of this investenent it the interast rate is 7% ? A. $14,11209 B. 51,732.79 C. 514,112.09 D. $1,732.78

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