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What is the value today of $1,700 per year, at a discount rate of 8 percent, if the first payment is received 8 years from

What is the value today of $1,700 per year, at a discount rate of 8 percent, if the first payment is received 8 years from now and the last payment is received 33 years from today?

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$10,722.78

$10,508.33

$18,476.96

$10,588.67

$4,427.62

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