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A 10-year annuity-due paying $100 a year have the same present value as a lump-sum payment of $1.000 att years from now. The annual effective

A 10-year annuity-due paying $100 a year have the same present value as a lump-sum payment of $1.000 att years from now. The annual effective interest rate is 5%. Determine t. O 4,9 4.1 O 43 09.0 4.7 O 5.0 0.45

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