What is the present value of an ordinary annuity paying
$1 comma 7501,750
each year for
1515
years, with an interest rate of
7.37.3
percent compounded annually? (Round to the nearest dollar.)
A.
$15 comma 64115,641
B.
$14 comma 41114,411
C.
$20 comma 45420,454
D.
$18 comma 122
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