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If you invest $5,123 in a long term venture , you will receive $1,110 forever....

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Accounting

If you invest $5,123 in a long term venture , you will receive $1,110 forever. Assuming your interest rate is 10% per year, what is the capitalized worth of your investment? [Hint: Choose the closest amount and use A/i for the revenue sream].

a.

$4,327

b.

$5,977

c.

$5,819

d.

$6,103

Answer & Explanation Solved by verified expert
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