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Please Compute the present value of an annuity of $ 876 per year for 24 years, given a discount rate of 8 percent per annum.

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Compute the present value of an annuity of $ 876 per year for 24 years, given a discount rate of 8 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1)

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