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You will receive 2 2 annual payments of $ 3 9 , 5 0 0 . The first payment will be received 4 years from

You will receive 22 annual payments of $39,500. The first payment will be received 4 years from today and the interest rate is 6.8 percent. What is the value of the payments today?
Multiple Choice
$341,470.00
$364,689.96
Correct
$376,846.29
$344,429.40
$475,871.15

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