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Which comes closest to the present value of a 25 year annuity of $100 that begins immediately if the interest rate is 6%? a. $

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Which comes closest to the present value of a 25 year annuity of $100 that begins immediately if the interest rate is 6%? a. $ 1,794 b. $1,247 c. $ 1,355 d. $ 1,625 e. $ 1,480

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