What are the annual annuity payments

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Reference no: EM131302666

A 10-year ordinary annuity that provides a return of 7% has a present value of $15,000. What are the annual annuity payments?

A. $2,135.66

B. $2,038. 02

C. $2,235.44

D. $1,500.00

E. $2,232.84

Reference no: EM131302666

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