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CPA 2. An annuity will pay four annual poyments of $100, with the first payment to be received three years from now. If the inserest

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CPA 2. An annuity will pay four annual poyments of $100, with the first payment to be received three years from now. If the inserest pate is 12 percent per year, what is the present value of this annuly? Use the appropriate table located at the end of the lexitbok to solve this probiem. a. 5181 b. $242 c. $304 d. $400

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