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(1 point) If you want to be paid from a 12 year ordinary annuity with a guaranteed rate of 5.3% compounded annually, how much should

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(1 point) If you want to be paid from a 12 year ordinary annuity with a guaranteed rate of 5.3% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $9.000.00 over the 12 year period? Principal =5

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