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What is the value today of receiving $2,500 at the end of each year for the next seven years, assuming an interest rate of 9%

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What is the value today of receiving $2,500 at the end of each year for the next seven years, assuming an interest rate of 9% compounded annually? (FV of $1, PV of $1, FVA of $1, and PVA of $1 ). (Use appropriate factor(s) from the tables provided.) Multiple Choice $12,582 $23,001 $15,750 $12,932

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