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Jennifer will receive an annuity of $11,850.75 a year for nine years. The first payment is to be received six years from today. At a

Jennifer will receive an annuity of $11,850.75 a year for nine years. The first payment is to be received six years from today. At a 4.34% discount rate, this annuitys worth today is closest to

A. $86,007.68.

B. $80,158.41.

C. $73,204.97.

D. $70,160.02.

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