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You will receive 29 annual payments of $23,500. The first payment will be received 8 years from today and the interest rate is 5.2 percent.

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You will receive 29 annual payments of $23,500. The first payment will be received 8 years from today and the interest rate is 5.2 percent. What is the value of the payments today? $231,998.06 $382,663.13 $230,502.96 $25219736 O $244,061.96

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