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    An Investment Pays $2,000 Every Month for 2 Years
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An Investment Pays $2,000 Every Month for 2 Years

Question 31

Question 31

Multiple Choice

An investment pays $2,000 every month for 2 years.Your opportunity cost is 10% compounded annually.The present value of this investment is approximately


A) $43,342
B) $43,529
C) $47,405
D) $48,000

Correct Answer:

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