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Sam expects to receive $2,000 at the end of each year for 3 years. The annuity has an interest rate of 12%. The present value

Sam expects to receive $2,000 at the end of each year for 3 years. The annuity has an interest rate of 12%. The present value of this annuity at Time Zero, the inception of the annuity (rounded to the nearest dollar) is Multiple choice question. $5,280. $6,000. $6,720. $4,804.

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