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Betty Harris died, leaving to her husband Mark an insurance policy contract that provides that...

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Accounting

Betty Harris died, leaving to her husband Mark an insurance policy contract that provides that the beneficiary (Mark) can choose any one of the following four options. Money is worth 2.5% per quarter, compounded quarterly. Compute Present value if:

$4,030 every 3 months for 3 years and $1,490 each quarter for the following 25 quarters, all payments payable at the end of each quarter.

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