Question: Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $21000 payment each year for 5

Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $21000 payment each year for 5 years is

$81684.

$26995.

$408420.

$5399.

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