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What is the PV of an ordinary annuity with 10 payments of $3,400 if the appropriate interest rate is 6.0%? a. $36,040.00 b. $31,642.37 c.

What is the PV of an ordinary annuity with 10 payments of $3,400 if the appropriate interest rate is 6.0%?

a. $36,040.00 b. $31,642.37 c. $26,525.75 d. $25,024.30 e. $23,125.75

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