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What is the approximate present value of receiving $40,000 today and $40,000 per year at the end of each of the next 9 years (10

What is the approximate present value of receiving $40,000 today and $40,000 per year at the end of each of the next 9 years (10 receipts in total) if interest is 12% compounded annually?

$213,100

$226,600

$253,100

$293,100

$702,000

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