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An annuity is set up that will pay $1,400 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 $1,400 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 8% ? A. $11,273 B. $13,152 C. $5,636 D. $9,394

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