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(Choose1answer)
(20641) Annuity due: Mark Holcomb has a five-year loan on which he will make annual payments of $2,235, beginning now. If the interest rate on the loan is 8.3 percent, what is the present value of this annuity?(Round to the nearest dollar.)
A. $9,588
B. $8,854
C. $8,612
D. $9,122
