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Beginning in 7 years, (beginning of years 7,8 and 9) Sally Mander will recelve three annual benefit checks of $50,000 each. If Sally assumes an

Beginning in 7 years, (beginning of years 7,8 and 9) Sally Mander will recelve three annual benefit checks of $50,000 each. If Sally assumes an interest rate of 9%, what is the present value of these checks? $82.250 $79.680 $76,772 $73,469

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