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16 ered 41.00 John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded

16 ered 41.00 John wishes to make withdrawals of $250 at the end of each month for four years. The interest rate is 4% compounded semi-annually. The present value of the annuity is: stion Select one: a. $11 079 b. $7668 O c. $1831 d. $3812

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