Provide an appropriate response.Given an interest rate of 7.25% compounded monthly, find the present value of the following annuity: $700 at the end of each month for three years and $900 at the end of each month for five more years.
Fill in the blank(s) with the appropriate word(s).
$58,960.92
Mathematics
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y, for 0 ? y ? 
A. 
B. 
C. 
D. 
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