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(Present value of an annuity due) Determine the present value of an annuity due of $5,000 p the present value of this annuity due

(Present value of an annuity due) Determine the present value of an annuity due of $5,000 p the present value of this annuity due if it were discounted at an annual rate of 16 percent? for 25 years de ved back to the present at a. If the annual discount rate is 11 percent, the present value of the annuity due is $(Round to the nearest cent)

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