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## Accounting

 Accounting Basics Cost Accounting Financial Accounting Managerial Accounting Auditing Taxation

How much would you have to invest today in the bank at an interest rate of 7% to have an annuity of \$2,800 per year for 9 years, with nothing left in the bank at the end of the 9 years? select the amount below that is closest to your answer.

A. \$25,200

B. \$18,242

C. \$23,551

D. \$1,523

Accounting Basics, Accounting

• Category:- Accounting Basics
• Reference No.:- M945738

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