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Someone please help. What is the present value of $1,400 per year, at a discount rate of 8 percent, if the first payment is received

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What is the present value of $1,400 per year, at a discount rate of 8 percent, if the first payment is received 5 years from now and the last payment is received 22 years from now? Multiple Choice $2,922.08 $9,386.55 $9,451.18 O $9,644.06

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