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Question 5 0.5 pts You expect to receive an annuity of $7,000 per year for the next twelve years. The market rate of interest is

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Question 5 0.5 pts You expect to receive an annuity of $7,000 per year for the next twelve years. The market rate of interest is 6%. Assuming that you do not spend any of the income at any other time, what is the value today? Round to the nearest dollar. $58,687 $60,582 $56,983 $61,002

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