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What is the present value (PV) of an investment that pays $60,000 every year for four years if the interest rate is 7% APR, compounded
What is the present value (PV) of an investment that pays $60,000 every year for four years if the interest rate is 7% APR, compounded quarterly? O A. $202,383 B. $222,621 C. $263,097 D. $242,859
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