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What is the lump sum equivalent today of $300 received at the end of each of the nxt 30 years at 4% compounded quarterly? A.

What is the lump sum equivalent today of $300 received at the end of each of the nxt 30 years at 4% compounded quarterly?

A. $20,910

B. $20,930

C. $20,940

D. $20,920

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