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A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11 years with the first cash

A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11 years with the first cash flow today. At a discount rate of 4.2%, what is the doggy estate worth in today's dollars?

		$220,000.00
		$180,614.80
		$98,352.84
		$607,180.14

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