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An annuity is set up that will pay $1500 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 $1500 per year for ten years. What is the present value (PV) of this annuity given that the discount rate is 6%? $11,040 $19,771 $14,721 $8441

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