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What is the present value of an annuity due of $10,000 per year for 8 years if the appropriate discount rate is 6%? Select one:

What is the present value of an annuity due of $10,000 per year for 8 years if the appropriate discount rate is 6%?

Select one:

a. $ 62,414

b. $ 65,823.81

c. $ 62,097.94

d. $ 72,468.88

e. none of the above

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