Assuming an interest rate of6%, the present value of$18,000 received at the end of each year for

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Assuming an interest rate of6%, the present value of$18,000 received at the end of each year for 6 years would be closest to

(The present value for annuity in this scenario is4.917.)

A.$125,550.

B. $11,970.

C.$88,506.

D.$108,000.

Posted Date: Jun 15, 2024 12:20 PM

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