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What is the present value of an annuity that pays $20,000 at the end of each year for the next ten years if the discount
What is the present value of an annuity that pays $20,000 at the end of each year for the next ten years if the discount rate is 8.75%? Group of answer choices
A. $141,133.27
B. $129,777.72
C. $8,644.45
D. $300,256.76
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