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Suppose that you will receive an equal end of year payments of $8,000, and another $7,000 in the following two years (years 9 and 10).
Suppose that you will receive an equal end of year payments of $8,000, and another $7,000 in the following two years (years 9 and 10). At a 5% discount rate, the present value for this amount is? Select one: O a. $45,071.89 O b. $60,515.36 O c. $55,310.67 O d. $39,867.20
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