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An annuity is set up that will pay 51.400 per year for nine years. What...

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Accounting

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An annuity is set up that will pay 51.400 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 4%? O A. $6,245 B. $12,491 c. $10.409 OD. $14,573

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