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9. Jean Autry secures an ordinary annuity of $ 1,000 payable monthly for 4 years. Find the capital sum required to fund the annuity. The

9. Jean Autry secures an ordinary annuity of $ 1,000 payable monthly for 4 years. Find the capital sum required to fund the annuity. The interest rate is 1% per month. a. $3,902 b. $ 37,9 74 c. $ 3,03 7 d. $8 5,6 10

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