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Problem 5-7 Present Value of an Annuity (LG5-4) What's the present value of a $820 annuity payment over five years if interest rates are 9

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Problem 5-7 Present Value of an Annuity (LG5-4) What's the present value of a $820 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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