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What is the PV of an ordinary annuity with 10 payments of $7,700 if the appropriate interest rate is 5.5%? a. $67,326.07 b. $58,039.72 c.

What is the PV of an ordinary annuity with 10 payments of $7,700 if the appropriate interest rate is 5.5%?

a. $67,326.07

b. $58,039.72

c. $52,816.14

d. $51,655.35

e. $61,522.10

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