What is the present value of a $1,000 payment at the end of each of the next 10 years discounted back to the present at 5%?
A)$5,098
B)$7,722
C)$8,775
D)$9,112

Name: What is the present value of a $1,000 payment at the end of each of the next 10 years discounted back to the present at 5%? A)$5,098 B)$7,722 C)$8,775 D)$9,112
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The Answer of What is the present value of a $1,000 payment at the end of each of the next 10 years discounted back to the present at 5%?
A)$5,098
B)$7,722
C)$8,775
D)$9,112

What Is the Present Value of a $1,000 Payment at the End