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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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