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0 Question 11 5 pts At your favorite annulty store, Annuities-R-Us, you see a security that offers 46 equal payments, with the first payment of
0 Question 11 5 pts At your favorite annulty store, Annuities-R-Us, you see a security that offers 46 equal payments, with the first payment of $600 occurring today, and all other payments of $600 paid in succeeding 7- moeith intervals, paynents will therefore be at months 0, 7, 14, 21...294, 301, 308, and 315. You determine that the correct discount/compounding rate is a nominal annual rate of 5.0 percent, with monthly compounding. Given this information, determine the value of this annuity at Month 315. $39.014 $57.184 $67.259 $48.877 $74.982
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