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Present Value of an Annuity What is the present value of a $1,600 annuity payment over 6 years if interest rates are 11 percent? Multiple

Present Value of an Annuity What is the present value of a $1,600 annuity payment over 6 years if interest rates are 11 percent?

Multiple Choice

A) $855.43

B) $2,992.66

C) $6,768.86

D) $7,539.51

PLZ help and hurry :)

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