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What is the present value today of $1,000 to be received at the end of each year for ten consecutive years assuming a 6% rate
What is the present value today of $1,000 to be received at the end of each year for ten consecutive years assuming a 6% rate of interest? Refer to the partial present value tables in your text.
a. 9000
b.5022
c.4355
d.7360
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