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What amount comes closest to the present value of an annuity of 15 consecutive annual payments of $1,000 if the annuity does not start making

What amount comes closest to the present value of an annuity of 15 consecutive annual payments of $1,000 if the annuity does not start making payments until the end of the fifth year? Use an interest rate of 4%.

$5,808.53

$9504.04

$5,585.13

$6,795.16

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