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9. What is the present value of $1,925 per year, at a discount rate of 10 percent. if the first payment is received 9 years

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9. What is the present value of $1,925 per year, at a discount rate of 10 percent. if the first payment is received 9 years from now and the last payment is received 24 years from now? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Value today $

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