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An annuity pays $10 per year for 55 years. What is the future value (FV) of this annuity at the end of that 55 years

An annuity pays

$10

per year for

55

years. What is the future value (FV) of this annuity at the end of that

55

years given that the discount rate is

9%?

A.

$15,121.10

B.

$12,600.92

C.

$17,641.29

D.

$7,560.55

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