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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

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 6% ? A. $5,299 B. $10.598 C. $12,365 D. $8,832

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