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The present value of an ordinary annuity of $2,500 each year for 10 years, deposited at 15 percent per annum, is $50,759. $25,000. $28,750. $12,547.

The present value of an ordinary annuity of $2,500 each year for 10 years, deposited at 15 percent per annum, is

$50,759.
$25,000.
$28,750.
$12,547.
$17,210.

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