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What is the present value of an annuity due that pays you $5,000 per month for the next 40 years? Assume no terminal value and

What is the present value of an annuity due that pays you $5,000 per month for the next 40 years? Assume no terminal value and a discount rate of 8%.

$719,102
$723,896
$750,222
$786,315

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