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MC algo 5-10 Calculating Annuity Present Values We Pay Insurance Co. will pay you $1,300 each quarter for 21 years. You want to earn a

MC algo 5-10 Calculating Annuity Present Values We Pay Insurance Co. will pay you $1,300 each quarter for 21 years. You want to earn a minimum interest rate of.93 percent per quarter. What is the most you are willing to pay today for these payments? Multiple Choice O $74,954.69 O $73,033.66 O $75,552.06 O $164,417.96 O $71,774.46

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