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

What is the PV of an ordinary annuity with 10 payments of $8,200 if the appropriate interest rate is 5.5%?
Select the correct answer.
a. $61,801.53
b. $61,808.53
c. $61,787.53
d. $61,780.53
e. $61,794.53
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