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What is the present value of $500 received at the beginning of each year for 15 years? (Assume that the first payment is received today.

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What is the present value of $500 received at the beginning of each year for 15 years? (Assume that the first payment is received today. Use a discount rate of 10%, and round your answer to the nearest $10.) (Select the best choice below.) A. $4,180 . $3,140 . $3,460 D. $3,800

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