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An annuity pays $12 per yr for 52 yrs. What's the fv at the end of the 52 yrs? (Discount rate is 9%) Closest to:

An annuity pays $12 per yr for 52 yrs. What's the fv at the end of the 52 yrs? (Discount rate is 9%)

Closest to:

A. $6k

B. 16k

C. 13k

D. 11k

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