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What is the value today of $1,500 per year, at a discount rate of 7 percent, if the first payment is received 10 years from

What is the value today of $1,500 per year, at a discount rate of 7 percent, if the first payment is received 10 years from now and the last payment is received 34 years from today?

$9,508.17

$17,580.37

$9,318.00

$9,357.84

$4,643.01

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