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An annuity pays $12 per year for 55 years. What is the future value (FV) of this annuity at the end of that 55 years
An annuity pays $12 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 8%? A. $10,187.08 B. $14,261.91 C. $6,112.25 D. $12,224.50
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Financial Valuation
Authors: James R. Hitchner
4th Edition
1119286603, 978-1119286608
