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The present value of an ordinary annuity of $2,350 each year for eight years, assuming an opportunity cost of 11 percent, is A. $27,869 B.

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The present value of an ordinary annuity of $2,350 each year for eight years, assuming an opportunity cost of 11 percent, is A. $27,869 B. $18,800 C. $ 1,020 D. $12,093

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