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What is the PV of an ordinary annuity with 1 0 payments of $ 2 , 8 0 0 if the appropriate interest rate is

What is the PV of an ordinary annuity with 10 payments of $2,800 if the appropriate interest rate is 5.5%?
Select the correct answer.
a. $21,124.55
b. $21,098.95
c. $21,118.15
d. $21,105.35
e. $21,111.75

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