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What is the value today of $2,000 per year, at a discount rate of 9 percent, if the first payment is received 5 years from

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What is the value today of $2,000 per year, at a discount rate of 9 percent, if the first payment is received 5 years from now and the last payment is received 25 years from today? Multiple Choice $13,165.72 $3,863.48 $12,933.78 $12,902.41 $18,684.49

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