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What is the value today of $1,300 per year, at a discount rate of 8 percent, If the first payment is received 9 years from

What is the value today of $1,300 per year, at a discount rate of 8 percent, If the first payment is received 9 years from now and the last payment is received 32 years from today? Multiple Choice O $7,394.87 $7.246.97 $3,460.35 $13,787.39 O $7,284.11

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