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You found out that now you are going to receive payments of $ 1 0 , 0 0 0 for the next 1 6 years.

You found out that now you are going to receive payments of $10,000 for the next 16 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%. What is the present value of these payments? Round your answer to the nearest whole dollar.
$57,138
$62,651
$96,420
$71,422

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