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Related to Checkpoint 62) (Present value of an ordinary annuity) What s the present value of $3,000 per year for 9 years discounted back to

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Related to Checkpoint 62) (Present value of an ordinary annuity) What s the present value of $3,000 per year for 9 years discounted back to the present at 11 percent? The present value of $3,000 per year tfor 9 years discounted back to the present at 11 percent is (Round to the nearest cent)

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