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A 10-year annuity-immediate makes monthly payments at a rate of $60 per year in the first year, $120 per year in the second year, $180

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A 10-year annuity-immediate makes monthly payments at a rate of $60 per year in the first year, $120 per year in the second year, \$180 per year in the third year, and so on. The nominal annual interest rate is 6% compounded monthly. Calcolate the accumulated value of the annuity at the end of 10 years. 2,256 2,267 3,884 3,993 4.105

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