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If the current rate of interest is 7%, then the present value (PV) of an investment that pays $1,100 per year and lasts 18

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If the current rate of interest is 7%, then the present value (PV) of an investment that pays $1,100 per year and lasts 18 years is closest to: A. $11,065 OB. $15,491 C. $13,278 D. $6,639

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