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11. What is the future value of an ordinary annuity with annual payment of $200 evaluated at a 15.75 percent interest rate? 5 years $670.43

11. What is the future value of an ordinary annuity with annual payment of $200 evaluated at a 15.75 percent interest rate? 5 years

  1. $670.43
  2. $1,348.48
  3. $1,169.56
  4. $1,368.64

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