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What is the present value of the following deposits at 1.5% rate of interest? Assume these deposits are made at the end of the stated

What is the present value of the following deposits at 1.5% rate of interest? Assume these deposits are made at the end of the stated years.

Year 1 2 3 4 5

$10 $100,000 $0 $500 $1,000

A. $98,000 B. $98,100.20 C. $98,102.20 D. $98,475.38 E. None of the above

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