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Crane Corp, is expecting annual payments of $35,650 for the next seven years from a customer. What is the present value of this annuity if

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Crane Corp, is expecting annual payments of $35,650 for the next seven years from a customer. What is the present value of this annuity if the discount rate is 9.5 percent? (Round final answer to 2 decimal places, e.g. 5.275.25.) $176,453.68 $216,789.49 $135,962.38 $289,466.88

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