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A 33 -year growing annuity pays $C today, with the annual payments increasing at 1.10% per year. This growing annuity has a present value of

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A 33 -year growing annuity pays $C today, with the annual payments increasing at 1.10% per year. This growing annuity has a present value of $7,070. The annual interest rate is 4.30%. What is C ? a. $405 b. $473 c. $301 d. $121 e. $352

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