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What is the present value of 10 annual payments of $600 at a discount rate of 12%? a.) $1,332 b.) $1,761 c.) $2,825 d.) $3,390

What is the present value of 10 annual payments of $600 at a discount rate of 12%?

a.) $1,332

b.) $1,761

c.) $2,825

d.) $3,390

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