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Carol expects to receive $1,000 at the end of each year for 5 years. The annuity has an interest rate of 10%. The present value

Carol expects to receive $1,000 at the end of each year for 5 years. The annuity has an interest rate of 10%. The present value of this annuity at Time Zero, the inception of the annuity (rounded to the nearest dollar) is

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