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What is the PV of an ordinary annuity with 6 payments of $5,300 if the appropriate interest rate is 4.8%? a. $29,484.00 b. $25,863.00 c.

What is the PV of an ordinary annuity with 6 payments of $5,300 if the appropriate interest rate is 4.8%?

$29,484.00

$25,863.00

$27,074.09

$27,217.86

$26,502.11

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