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What is the present value of an ordinary annuity paying $1,650 each year for 20 years, with an interest rate of 6 6 percent compounded
What is the present value of an ordinary annuity paying $1,650 each year for 20 years, with an interest rate of 6 6 percent compounded annually? (Round to the nearest dollar) OA. $20.398 OBS23 354 OC. $18,037 OD. $16.936
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