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Dood 9) What is the PV of a elght-period annual annulty of $4,000 If the Interest rate per period is 5% and the first payment

Dood 9) What is the PV of a elght-period annual annulty of $4,000 If the Interest rate per period is 5% and the first payment is made today? a. $41,441.21 b. $27,145.49 c. $12,112.05 d. $33,478.24

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