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Question 2 2 pts Beginning in 7 years, (beginning of years 7, 8 and 9) Sally Mander will receive three annual benefit checks of $20,000

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Question 2 2 pts Beginning in 7 years, (beginning of years 7, 8 and 9) Sally Mander will receive three annual benefit checks of $20,000 each. If Sally assumes an interest rate of 5%, what is the present value of these checks? $40,660 $42,680 $44,772 $46,469

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