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What is the value today of $1,700 per year, at a discount rate of 11 percent, if the first payment is received 9 years from

What is the value today of $1,700 per year, at a discount rate of 11 percent, if the first payment is received 9 years from now and the last payment is received 26 years from today? Multiple Choice 0 $13,192.75 0 $5,681.29 $3,081.05

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