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Alfred's uncle has promised him a series of six annual payments, each of $4000, the first to be paid in 2 years' time. The relevant

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Alfred's uncle has promised him a series of six annual payments, each of $4000, the first to be paid in 2 years' time. The relevant interest rate is 8.5% pa. The future value of this series of payments is closest to: $43,323 $229,716 $36,699 $32,000

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