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Suppose you will receive $1,000 per year for 6 years, beginning in year 5 . What is the Present Value of this deferred annuity if

Suppose you will receive $1,000 per year for 6 years, beginning in year 5 . What is the Present Value of this deferred annuity if interest rates are 6% ? $4.21236 53.674.51 $3.894.98 52.549.45

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