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You are offered an annuity that will pay $16,000 per year for 14 years (the first payment will be made today). If you feel that

You are offered an annuity that will pay $16,000 per year for 14 years (the first payment will be made today). If you feel that the appropriate discount rate is 9%, what is the annuity worth to you today? $416,307.03$135,790.46$124,578.41$453,774.66$326,541.73

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