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2. What is the future value of a $500 annuity payment over seven (7) years if interest rates are nine (9) percent per year? Group

2. What is the future value of a $500 annuity payment over seven (7) years if interest rates are nine (9) percent per year?

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A. $3,761.67

B. $5,514.24

C. $4,600.22

D. $4,494.44

E. $6,200.91

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