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The present value of an investment that receives $8,000 annually for ever, given interest rate of 8% is: 1. $6,400 2. $80,000 3. $100,000 4.

The present value of an investment that receives $8,000 annually for ever, given interest rate of 8% is:
1. $6,400
2. $80,000
3. $100,000
4. Cannot be determined

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