Question: Consider the following timeline: Date Suppose each date represents a year and the annual interest rate is 10%, then the total present value of the

 Consider the following timeline: Date Suppose each date represents a year

Consider the following timeline: Date Suppose each date represents a year and the annual interest rate is 10%, then the total present value of the above cash flow stream is closest to A. $482 B. $495 c. $637 D. $700

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