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75. What is the present value (PVO) of a deferred annuity of 36 monthly payments of $800 each, if the first payment is received one

75. What is the present value (PVO) of a deferred annuity of 36 monthly payments of $800 each, if the first payment is received one year from today and your required return is 9% APR compounded monthly? Answer: $23,172.39

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