Question: You found out that now you are going to receive payments of $ 7 , 0 0 0 for the next 1 5 years. You

You found out that now you are going to receive payments of $7,000 for the next 15 years. You will receive these payments at the beginning of each
year. The annual interest rate will remain constant at 11%.
What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.)
$55,873
$50,336
$75,429
$44,698
You found out that now you are going to receive payments

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