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An annuity pays $11.00 per year for 99 years. What is the present value (PV) of this annuity given that the discount rate is 7%?
An annuity pays $11.00 per year for 99 years. What is the present value (PV) of this annuity given that the discount rate is 7%? O A. $188.34 B. $156.95 C. $94.17 D. $219.73
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