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What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $2,400 at the end of Year 4 if the
What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $2,400 at the end of Year 4 if the interest rate is 5%? a. $8,101.79 b. $9,378.81 c. $7,978.39 d. $9,952.87 e. $12,097.78
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