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Someone offers you to buy your car for five, equal annual payments, beginning 8 years from today. If you think the present value of your
Someone offers you to buy your car for five, equal annual payments, beginning 8 years from today. If you think the present value of your car is $10,000.000 and the interest rate is 6%, what is the minimum annual pyment that you would accept?
A) $3,212.61
B) $3,926.52
C) $3,569.56
D) $4,283.48
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