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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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