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What is the value today of $1,100 per year, at a discount rate of 9 percent, if the first payment is received 6 years from

What is the value today of $1,100 per year, at a discount rate of 9 percent, if the first payment is received 6 years from now and the last payment is received 26 years from today? Multiple Choice $6,526.22 $2,340.55 O $6,510.39 $6,643.25 $10,321.47

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