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NEED HELP ASAP will rate(: An annuity is set up that will pay $1,200 per year for nine years. What is the present value (PV)

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An annuity is set up that will pay $1,200 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 5% ? A. $10,235 B. $8,529 C. $11,941 D. $5,117

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