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What is the present value of receiving $100 a year forevermore with an interest rate of 5%? A 500 B 1000 C 1500 D 2000
What is the present value of receiving $100 a year forevermore with an interest rate of 5%?
A | 500 |
B | 1000 |
C | 1500 |
D | 2000 |
E | 2500 |
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