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Compute the present value of an annuity

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Compute the present value of an annuity of $ 750 per year for 19 years, given a discount rate of 10 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1).(Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).

Reference no: EM131117675

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