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Red Sun Rising Corporation has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $ 1 ,

Red Sun Rising Corporation has just signed a lease for its new manufacturing facility. The lease agreement calls for annual payments of $1,800,000 for 15 years with the first payment due today. If the interest rate is 3.53 percent, what is the value of this liability today?
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$21,417,435.58
$20,687,178.19
$21,952,871.47
$19,652,819.28
$22,488,307.36
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