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What is the present value? of an investment

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Reference no: EM132809087

Problem 1: What is the present value? (PV) of an investment that pays $60,000 every year for four years if the interest rate is 5?% ?APR, compounded? quarterly?

A. $233,520
B. $275,978
C. $212,291
D. 254,749

Reference no: EM132809087

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