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What is the present value of $1,000 payments received at the beginning of each year for the next 10 years? Assume an interest rate of

What is the present value of $1,000 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 6.2% Select one: O a. $7,801.69 O b. $7,861.29 O c. $7,492.64 O d. $7,914.10 O e. $7,742.88

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