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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

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Category:- Accounting Basics
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