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Present value of an Annuity What is the present value of a $1,000 annuity payment over 8 years if interest rates are 10 percent? $5,

Present value of an Annuity What is the present value of a $1,000 annuity payment over 8 years if interest rates are 10 percent? $5, 334.93 $5, 759.02 $466.51 $2, 143.59

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