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(1 point) Suppose that an annuity will provide for 20 annual payments of 1500 dollars, with the first payment coming 9 years from now. If

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(1 point) Suppose that an annuity will provide for 20 annual payments of 1500 dollars, with the first payment coming 9 years from now. If the nominal rate of interest is 10 percent convertible monthly, what is the present value of the annuity? Answer = dollars

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