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An ordinary annuity that lasts for 23 years has a future value of $375,000. What is the amount of the annuity if the interest rate

An ordinary annuity that lasts for 23 years has a future value of $375,000. What is the amount of the annuity if the interest rate is 16%?

a.$6,155.11.

b.$2,042.47.

c.$744.17.

d.$3,261.34.

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