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What's the present value of a 12-year ordinary annuity of $3,750 per year plus an additional $17,000 at the end of Year 12 if the
What's the present value of a 12-year ordinary annuity of $3,750 per year plus an additional $17,000 at the end of Year 12 if the interest rate is 4.25%? Question 4 options: $54,509 $51,336 $43,924 $48,428 $45,006
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