If an amount R is paid at the end of every year for n years, then the net present value of the annuity at an interest rate of i is _________________?

A. R [{(1 + i)n 1}/ i ]

B. R(1 + i)n

C. R/(1 + i)n

D. R [{(1 + i)n 1}/ i (1 + i)n]
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