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We Pay Insurance Co. will pay you $1,400 each quarter for 25 years. You want to earn a minimum interest rate of .97 percent per

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We Pay Insurance Co. will pay you $1,400 each quarter for 25 years. You want to earn a minimum interest rate of .97 percent per quarter. What is the most you are willing to pay today for these payments? Multiple Choice $88,827.33 $89,360.54 O O $84,892.51 $234,628.84 $86,381.85

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