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MC algo 6-10 Calculating Annuity Present Values We Pay Insurance Co. will pay you $1475 each quarter for 28 years. You want to earn a

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MC algo 6-10 Calculating Annuity Present Values We Pay Insurance Co. will pay you $1475 each quarter for 28 years. You want to earn a minimum interest rate of 1.09 percent per quarter. What is the most you are willing to pay today for these payments? Multiple Choice $320,383 63 $95,13762 $91,966.37 $94,699.62 $90,380.74

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