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What is the present value of a 4-year annuity, if the annual interest is 5%, and the annual payment is $1,000? O a. $3,446. O

What is the present value of a 4-year annuity, if the annual interest is 5%, and the annual payment is $1,000? O a. $3,446. O b. $3,646. O c. $4,546. O d. $3,546

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