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13 An annuity is sot up that will pay $1,600 per year for eight yoars, What is the present value (PV) of this annilly given

An annuity is sot up that will pay $1,600 per year for eight yoars, What is the present value (PV) of this annilly given that the discourt taite is sxic? A. $5,314 B. $8,866 C. $12,398 D. $10,627

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