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What is the present value of a series of $1150 payments made every year for 14 years when the discount rate is 9 percent? Recalculate

What is the present value of a series of $1150 payments made every year for

14 years when the discount rate is 9 percent?

Recalculate the present value using discount rate of 11 and 12 percent. (This is the only answer needed.

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