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What is the value today of $1,600 per year, at a discount rate of 11 percent. If the first payment is received 6 years from

What is the value today of $1,600 per year, at a discount rate of 11 percent. If the first payment is received 6 years from now and the last payment is received 28 years from today? Multiple Choice $13,326.29 $7,692.18 O ST763.05 O $284826 O $784916

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