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Roberta will receive $30,000 at the end of each year for the next 8 years....

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Accounting

Roberta will receive $30,000 at the end of each year for the next 8 years. Roberta has a 6 percent time value of money. The present value of $1, and the present value of an annuity of $1 for eight periods at six percent are 0.62741 and 6.20979, respectively. The present value of the cash receipts is: Select one: A. $ 18,822 B. $ 47,816 C. $186,294 D. $240,000

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