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An annuity pays $15.00 per year for 105 years. What is the present value (PV) of this annuity given that the discount rate is 5%?
An annuity pays $15.00 per year for 105 years. What is the present value (PV) of this annuity given that the discount rate is 5%? O A. $357.85 OB. $298.21 O C. $178.93 O D. $417.49
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