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How much would you be willing to pay for a 10-year ordinary annuity if the payments are $500 per year and the rate of return
How much would you be willing to pay for a 10-year ordinary annuity if the payments are $500 per year and the rate of return is 6.25% annually? Group of answer choices $4,132 $3,637 $3,423 $3,864
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