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What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? Select one: O

What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate? Select one: O a. 842.91 O b. $1,348.48 O c. $1,169.56 O d. 670.43

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