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An investor will receive an annuity of $ 5 0 0 0 a year for 1 0 years. The first payment is to be received

An investor will receive an annuity of $5000 a year for 10 years. The first payment is to be received five years from today. At 8% discount rate, this annuity's worth today is closest to:
$03,550.41
$18,185.72
$24,660.55
$25,670.63
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