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April will receive a 20-year annuity of $10,000 per year, beginning 7 years from today. in other words, the first payment will be made at

April will receive a 20-year annuity of $10,000 per year, beginning 7 years from today. in other words, the first payment will be made at the end of year seven. assuming a required rate of return of 7% calculate the present value today of her annuity

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