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MAT 106Business and Finance Basics II11. Art wants to know how much he'll have to invest today to receive an annuity of $8,000 for three

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MAT 106Business and Finance Basics II11. Art wants to know how much he'll have to invest today to receive an annuity of $8,000 for three years if interest is earned at 10% annually. He'll make all of his withdrawals at the end of each year. How much should Art invest?A.$23,280B.$20,400C.$19,895.20D.$21,600

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