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. A man purchases a 30 year annuity immediate that makes annual payments. The first 10 payments are 200, the nest 10 are 400 and

. A man purchases a 30 year annuity immediate that makes annual payments. The first 10 payments are 200, the nest 10 are 400 and the last 10 are 300. the annuity earns 6.5% annually. What is the present value of this annuity?

A)3582 B)3617 C)3675 D)3713 E)3753

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