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Carol Thomas will pay out $6,000 at the end of year 2, $8,000 at the end of year 3, and receive $10,000 at the end of year 4.

Carol Thomas will pay out $6,000 at the end of year 2, $8,000 at the end of year 3, and receive $10,000 at the end of year 4. With an interest rate of 13%, how much does she need to have on hand to meet her obligations? Consider all flows of money in make your decision.
A) $7,326
B) $10,242
C) $16,372
D) $4,112

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