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Starting next year, you get to start making annual payments of $1500. If you must make 7 of these payments at an interest rate of

Starting next year, you get to start making annual payments of $1500. If you must make 7 of these payments at an interest rate of 8%, how much money do you need today to fund this? Group of answer choices

$8,956.95

$7,809.56

$7,029.28

$6,934.32

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