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What is the present value of $200 per year, discounted at 6% annually? Round your answer to the nearest dollar. Select one: a. $6,875 b.

What is the present value of $200 per year, discounted at 6% annually? Round your answer to the nearest dollar.

Select one:

a. $6,875

b. $20,000

c. $3,333

d. $5,556

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