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What is the present value of a four-year annuity of $100 per year that makes its first payment 2 years from today if the discount

What is the present value of a four-year annuity of $100 per year that makes its first payment 2 years from today if the discount rate is 9%?

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A) $323.97 B) $297.22 C) $272.68 D) $356.85

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