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An annuity is set up that will pay $1,200 per year for ten years. What is the present value (PV) of this annuity given that

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An annuity is set up that will pay $1,200 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 4%? O A. $13,626 OB. $9,733 O C. $11,680 OD. $5,840

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