Question: Your company will generate $ 9 5 , 0 0 0 every 3 - months for the next seven years from a new project. Payments

Your company will generate $95,000 every 3-months for the next seven years from a new project. Payments are received at the end of each 3-month period. If the appropriate interest rate is 8%/year compounded quarterly, what is the present value? $1,609,648.72 $2,021,720.87 $1,915,314.51 $2,115,226.60

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