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James plans to receive a monthly annuity of $ 7 7 9 for the next 2 5 years as part of his inheritance. The interest

James plans to receive a monthly annuity of $779 for the next 25 years as part of his inheritance. The interest rate is 10.78 per annum compounded monthly. Calculate the present value (PV) of this annuity.
$289.05
$72.26
$779.00
$1.11
$867.16
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