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Zane Set Designs Company has received an award which entitles it to receive annual payments of $10,000 at the end of each year for the
Zane Set Designs Company has received an award which entitles it to receive annual payments of $10,000 at the end of each year for the next ten years. Which of the following is used to calculate today's value of this award?
A.
Present Value of an Ordinary Annuity of $1
B.
Future Value of an Ordinary Annuity of $1
C.
Present Value of $1
D.
Future Value of $1
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