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Suppose that a certain savings is expected to be $ 1 0 M at the end of year 3 and to increase $ 1 M

Suppose that a certain savings is expected to be $10M at the end of year 3 and to increase $1M each year until the end of year 7. If the minimum attraetive rate of return (MARR) is 208, what is present equivalent worth?
A.24.17M
B.27.14M
C.21.74M
D.21.47M
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