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A continuously paying level annuity pays $72 each year for twenty years. The force of interest at time t is 5/(3+2t). Find the present value

A continuously paying level annuity pays $72 each year for twenty years.

The force of interest at time t is 5/(3+2t). Find the present value of this annuity

a. 89.90 b. 44.59 c. 50.83 d. 70.67 e. 55.04

answer is d.

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