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What is the present value of a ( n ) 7 - year annuity that pays $ 2 comma 0 0 0 annually , given

What is the present value of a(n)7-year annuity that pays $2 comma 000annually, given a discount rate of 7percent?
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Part 1
The present value of the annuity is $
enter your response here. (Round to the nearest cent.)

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