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Question 16 1 pts If the present value of a 10-year ordinary is $7,022 and interest rates are 11.2 percent, what is the present value

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Question 16 1 pts If the present value of a 10-year ordinary is $7,022 and interest rates are 11.2 percent, what is the present value of the same annuity due? (ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS AND COMMAS. ROUND YOUR ANSWER TO 2 DECIMAL PLACES.)

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