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An annuity pays $11.00 per year for 104 years. What is the present value (PV) of this annuity given that the discount rate is 4%?

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An annuity pays $11.00 per year for 104 years. What is the present value (PV) of this annuity given that the discount rate is 4%? OA. $378.49 OB. $270.35 OC. $162.21 OD. $324.42

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