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Suppose the interest rate is 9% per annum, compounded monthly. Then the present value of an annuity that pays $265 every quarter for the next

Suppose the interest rate is 9% per annum, compounded monthly. Then the present value of an annuity that pays $265 every quarter for the next seven years is closest to: a. $5449 b. $5395 c. $5699 d. $...

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