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An annuity pays $12 per year for 100 years. What is the future value of this annuity at the end of those 100 years, given
An annuity pays $12 per year for 100 years. What is the future value of this annuity at the end of those 100 years, given that the discount rate is 7.5%?
Select one:
a. $329,814.19
b. $171,230.69
c. $492,733.08
d. $221,132.35
e. $159.88
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