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What is the present value of an ordinary annuity of $ 1 2 , 5 0 0 per year that lasts for 6 years at

What is the present value of an ordinary annuity of $12,500 per year that lasts for 6 years at an interest rate of 9%?
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$74,940.59.
$85,021.15.
$61,466.55.
$56,073.98.

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