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Blue spruce Corp. has just purchased equipment that requires annual payments of $55,000 to be...

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Accounting

Blue spruce Corp. has just purchased equipment that requires annual payments of $55,000 to be paid at the end of each of the next 4 years. The appropriate discount rate is 10%. What is the present value of the payments

A. 174343

B. 220144

C. 107119

D. 210279

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