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Present Value of an Annuity What is the present value of a $500 annuity payment over 7 years if interest rates are 10 percent? $974.36

Present Value of an Annuity What is the present value of a $500 annuity payment over 7 years if interest rates are 10 percent? $974.36 $2, 434.21 $2, 667.46 $256.58

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