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Present Value of an Ordinary Annuity What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the

Present Value of an Ordinary Annuity What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2020, and the interest rate is 10% compounded annually? (Click here to access the PV and FV tables to use with this problem.) Round your answer to two decimal places.

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