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What is the value, today, of a 30-year annuity with cash flows of $500, at 12% interest? Group of answer choices 1,595.13 4,027.59 120,666.34 37,163.47

What is the value, today, of a 30-year annuity with cash flows of $500, at 12% interest?

Group of answer choices

1,595.13

4,027.59

120,666.34

37,163.47

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