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What is the PV of an ordinary annuity with 10 payments of $2,500 if the appropriate interest rate is 5.5%? a. $20,916.91 b. $18,844.06 c.

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What is the PV of an ordinary annuity with 10 payments of $2,500 if the appropriate interest rate is 5.5%? a. $20,916.91 b. $18,844.06 c. $18,090.30 d. $22,612.88 e. $21,105.35

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