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What is the present value (PV) of an investmeot that will pay $500 in one year's time, and $500 every year after that, when the

What is the present value (PV) of an investmeot that will pay $500 in one year's time, and $500 every year after that, when the interest rate is 6%? A. $5,000 B. $8,333 C. $6,666 D. $4,167

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