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What is the present value of $4,000 received at the end of each year for five years if you can earn an 9% rate of

What is the present value of $4,000 received at the end of each year for five years if you can earn an 9% rate of return on your investments?

$15,558.61

$2,599.73

$23,938.84

$6,154.50

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