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Present Value of an Annuity Due Frankie purchased an annuity due that earns 5%...

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Accounting

Present Value of an Annuity Due
Frankie purchased an annuity due that earns 5% annual interest. She will receive $6,000 yearly payments over 6 years.
What is the present value of her annuity?
$36,454.15
$25,976.86
$31,976.86
$30,454.15
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