Question: Bill expects to receive $10,000 each year for 4 years beginning one year from today. If Bill can earn 6 percent compound annual interest on

Bill expects to receive $10,000 each year for 4 years beginning

Bill expects to receive $10,000 each year for 4 years beginning one year from today. If Bill can earn 6 percent compound annual interest on these funds, what is the present value of this series of payments? Select one: a. (A) $34,651.06 b. (B) $36,298.95 c. (C) $49,173.24 x d. (D) $52,42137

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