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An annuity pays $190 each year at years 35 through 50 (a total of 16 payments). Further, the appropriate nominal annual interest rate is 7.0

An annuity pays $190 each year at years 35 through 50 (a total of 16 payments). Further, the appropriate nominal annual interest rate is 7.0 percent compounded daily (365 day year). Determine the value of this annuity at Year 100.

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