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What is the present value of an ordinary annuity consisting of 5 annuat payments of $1,000 with an interest rate of 8% pa, with the
What is the present value of an ordinary annuity consisting of 5 annuat payments of $1,000 with an interest rate of 8% pa, with the first payment occurring at the end of year 6 O A $4,918 64 OB. $3,696 95 OC. $2,71737 OD. 54.992 71
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