How much will you pay for an investment if you expect to receive $7,200 end...

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Accounting

How much will you pay for an investment if you expect to receive $7,200 end of each years for 5 years and if the appropriate interest rate is 4.5%?

$29,083.89

$27,531.47

$29,851.84

$39,389.11

$31,607.83

$8,972.51

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