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What is the present value of $1,050 payments received at the beginning of each year for the next 10 years? Assume an interest rate of

What is the present value of $1,050 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 6.1%. Select one: a. $8,772.19 b. $8,069.13 c. $7,831.39 d. $8,160.80 e. $7,861.29 Clear my choice

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