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What is the present value of a 20-year $10,000 ordinary annuity paid annually and earning 6% interest? In other words, if an ordinary annuity paid

What is the present value of a 20-year $10,000 ordinary annuity paid annually and earning 6% interest? In other words, if an ordinary annuity paid $10,000 annually for 20 years, earning 6% interest, what is the present value this annuity?

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