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What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5%? a. $16,576 b. $18,367 c.

What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5%?

a. $16,576

b. $18,367

c. $19,334

d. $17,449

e. $20,352

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