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What is the present value of an annuity due that makes 5 payments of $6,000 each if the interest rate is 7%? a. $20,323.27 b.

What is the present value of an annuity due that makes 5 payments of $6,000 each if the interest rate is 7%?

a. $20,323.27

b. $24,601.18

c. $26,323.27

d. $28,001.22

e. $28,599.24

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