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Problem 4-28 Annuity Present Values What is the present value of an annuity of $7,300 per year, with the first cash flow received 3 years

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Problem 4-28 Annuity Present Values What is the present value of an annuity of $7,300 per year, with the first cash flow received 3 years from today and the last one received 30 years from today? Use a discount rate of 7 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value

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