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An annuity pays $11.00 per year for 89 years. What is the present value (PV) of this annuity given that the discount rate is 5%?

An annuity pays $11.00 per year for 89 years. What is the present value (PV) of this annuity given that the discount rate is 5%? OA. $217.14 O B. $304.00 C. $130.28 O D. $260.517

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