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Present Value of an Annuity What is the present value of a $1,800 annuity payment over 8 years if interest rates are 8 percent? a)

Present Value of an Annuity What is the present value of a $1,800 annuity payment over 8 years if interest rates are 8 percent?

a) $10,343.95

b) $11,244.40

c) $972.48

d) $3,331.67

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