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Assume you are to receive a 12-year annuity with annual payments of $200. You will invest each payment in an account that pays 8 percent

Assume you are to receive a 12-year annuity with annual payments of $200. You will invest each payment in an account that pays 8 percent annually. When the annuity stops you will not withdraw any money from the account until 21 years from today, and the account will continue to earn 8% for the entire 21-year period. What will be the value of your account at the end of Year 21? (EXCEL COD)

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