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An annuity pays $10.00 per year for 106 years. What is the present value (PV) of this annuity given that the discount rate is 6%?
An annuity pays $10.00 per year for 106 years. What is the present value (PV) of this annuity given that the discount rate is 6%? A. $99.79 B. $199.58 C. $166.32 D. $232.85
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