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14-02-2024
Business

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Bill expects to receive $10,000 each year for 4 years beginning one year from today. If Bill can earn 6 percent compound annual interest on these funds, what is the present value of this series of payments?
(A) $34,651.06
(B) $36,298.95
(C) $49,173.24
(D) $52,421.37

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