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Calculate the present value of an annuity of $42,000 per year for each of the next 15 years. Use a required rate of return of

Calculate the present value of an annuity of $42,000 per year for each of the next 15 years. Use a required rate of return of 8%

A. $262,899

B. $359,499

C. $166,468

D. $407,914

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