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The answer above (1 point) Determine the discounted value of a deferred ordinary annuity that pays $700 a quarter for 4 years, if the first

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The answer above (1 point) Determine the discounted value of a deferred ordinary annuity that pays $700 a quarter for 4 years, if the first payment is in 3 years and interest is at ja = 6.5%. Answer: $

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