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You are scheduled to receive annual payments of $7100 for each of the next 7 years. The discount rate is 10%. What is the difference

You are scheduled to receive annual payments of $7100 for each of the next 7 years. The discount rate is 10%. What is the difference in the present value if you receive these payments at the beginning of each year rather than end of each year?

2991.44

1928.58

3456.58

5101.34

4237.75

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