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5. What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $2,700 at the end of Year 4 if
5. What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $2,700 at the end of Year 4 if the interest rate is 5%?
Group of answer choices
$9,791.70
$8,669.73
$10,199.69
$8,363.74
$7,955.75
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