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4 You have a $50,000 twenty year growing annuity earning 8 percent interest compounded annually. Calculate its present value if this annuity has a 2.2

4 You have a $50,000 twenty year growing annuity earning 8 percent interest compounded annually. Calculate its present value if this annuity has a 2.2 percent growth rate. $425,745 $567,661 $576,254 $670,843 $772,176

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