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Calculate the present value of the Annuity due; when the amount due is $2500, the rate is 5% compounding semiannually and the time to maturity

Calculate the present value of the Annuity due; when the amount due is $2500, the rate is 5% compounding semiannually and the time to maturity is 20.

  1. $66,865.73
  2. $64,325.86
  3. $62,815.76
  4. $69,854.77
  5. $68,855.71

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