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Question 3(1 point) What is the present value of the following annuity? $3,908 every year at the end of the year for the next 15
Question 3(1 point)
What is the present value of the following annuity?
$3,908 every year at the end of the year for the next 15 years, discounted back to the present at 17.19 percent per year, compounded annually?
Round the answer to two decimal places.
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