Question: An annuity is set up that will pay $1,700 per year for nine years. What is the present value (PV) of this annuity given that

An annuity is set up that will pay $1,700 per year

An annuity is set up that will pay $1,700 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 4%? O A. $12,640 O B. $15,168 OC. $17,696 OD. $7,584

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