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How much would you be willing to pay (rounded to the nearest dollar) for a 25 -year ordinary annuity if the payments are $6,500 per

How much would you be willing to pay (rounded to the nearest dollar) for a 25 -year ordinary annuity if the payments are $6,500 per year and you want to earn a rate of return equal to 5.5% per year? $56,734 $53,777 $87,190 $77,677

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