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What is the value today of $1,300 per year, at a discount rate of 11 percent. If the first payment is received 5 years from

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What is the value today of $1,300 per year, at a discount rate of 11 percent. If the first payment is received 5 years from now and the last payment is received 21 years from today? Multiple Choice $6,319.15 $6,464.41 O $9.913.43 $2,156.30 $6,335.12

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