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You are the owner of a level annuity that pays $49,951 per year, for 8 years, starting next year. You would like to sell this

You are the owner of a level annuity that pays $49,951 per year, for 8 years, starting next year. You would like to sell this annuity today. If the interest rate is 5.78%, how much can you sell the annuity for

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