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Posted on Jul 14, 2024

The present value of an ordinary annuity of $350 each year for five years, assuming an opportunity cost of 4 percent, is ________. Select one:

The present value of an ordinary annuity of $350 each year for five years, assuming an opportunity cost of 4 percent, is ________.

Select one:

a. $288

b. $1,896

c. $1,558

d. $1,750

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