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Which is greater, the present value of a fiveminus year ordinary annuity of $ 3 0 0 discounted at 1 0 % , or the

Which is greater, the present value of a fiveminusyear ordinary annuity of $300 discounted at10%, or the present value of a fiveminusyear ordinary annuity of $300 discounted at0% that has its first cash flow six years from today?

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