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If a 40-year ordinary annuity has a present value of $144,696.00, and if the interest rate is 8.1 percent, what is the amount of each

If a 40-year ordinary annuity has a present value of $144,696.00, and if the interest rate is 8.1 percent, what is the amount of each annuity payment? 1 pts O $12,464.40 O $12,864.40 O $12,064.40 O $12,664.40 $12,264.40

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