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26) You are offered an annuity that will pay $11,000 per year for 12 years (the first payment will occur one year from today). If
26) You are offered an annuity that will pay $11,000 per year for 12 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 10%, what is the annuity worth to you today?
$186,337.06 |
$235,227.12 |
$82,445.67 |
$258,749.83 |
$74,950.61 |
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