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If the present value of an ordinary, 3-year annuity is $7,000 and interest rates are 10 percent, what's the present value of the same annuity

If the present value of an ordinary, 3-year annuity is $7,000 and interest rates are 10 percent, what's the present value of the same annuity due? Multiple Choice $8,900 $7,700 $9,680 $7,200

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