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An annuity is set up that will pay $1,800 per year for eight years. What is the present value (PV) of this annuity given that

An annuity is set up that will pay $1,800 per year for eight years. What is the present value (PV) of this annuity given that the discount rate is 8%?

A. 14,482

B. 6206

C. 12413

D. 10344

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