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Please show formula or rationale! Question 3 7 pts What is the present value of a five period annuity of $4,000 if the interest rate

Please show formula or rationale!

Question 3 7 pts What is the present value of a five period annuity of $4,000 if the interest rate is 10% and the first payment is made today? $13,200.00 O $16,679.46 $12,112.05 $12,679.46 O $15,163.15

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