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Determine the present value of a 10 year annuity that pays $25,000 at the end of each year discounted at a rate of 4%. Select

Determine the present value of a 10 year annuity that pays $25,000 at the end of each year discounted at a rate of 4%. Select one a $202,772 b. 194,662 $240,000 d. 5162,218

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