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Question 10 Incorrect Mark 0.00 out of 1.00 P Flag question Computing the Present Value of an Annuity In repayment of a loan today, Nicholas agreed to pay a financial institution $1,000 at the end of each month over a 3 year period, beginning one month from today. Assuming the interest rate on the loan is 8.5%, what is today's amount of the loan? Round your answer to the nearest whole number. Do not use a negative sign with your answer. $ 11,190 X Support