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What is the PV of an ordinary annuity with 10 payments of $6,000 if the appropriate interest rate is 5.5% ? Select the correct answer.
What is the PV of an ordinary annuity with 10 payments of $6,000 if the appropriate interest rate is 5.5% ? Select the correct answer. a. $45,217.85 b. $45,202.05 C. $45,209.95 d. $45,225.75 e. $45,194.15
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