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What is the present value of $600 payments received at the beginning of each year for the next 10 years? Assume an interest rate of

What is the present value of $600 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 8% compounded monthly

a.$3,069.13

b.$3,972.13

c.$4,026.05

d.$4,301.82

e.$4,348.13

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