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the possible answers are 120,140,160,180,200 19. An annuity pays 12 at time 0, 17 at time 4, 22 at time 8, and so on forever.

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19. An annuity pays 12 at time 0, 17 at time 4, 22 at time 8, and so on forever. Determine the present value of the payments if the present value of a payment of 1 payable four years from now is 0.80

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