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An annuity pays $1500 at the beginning of every month for five years. The interest rate of the annuity is 4%. What is this annuity's
An annuity pays $1500 at the beginning of every month for five years. The interest rate of the annuity is 4%. What is this annuity's future value?
$99,448
$99,780
$97,948
$101,280
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77861671, 978-0077861674
