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An investor will receive a 15-year annuity of $2,750 per year. If the annual interest rate is 4.5%, what is the present value of this
An investor will receive a 15-year annuity of $2,750 per year. If the annual interest rate is 4.5%, what is the present value of this annuity?
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d) $72,573
a) $29,534
b) $37,500
e) $39,188
c) $76,849
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