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Bake Company is considering investing in an ordinary annuity contract that will return $50,000 annually at the end of each year for 3 years. What

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Bake Company is considering investing in an ordinary annuity contract that will return $50,000 annually at the end of each year for 3 years. What amount (to the nearest whole dollar) should Bake Company pay for this investment if it earns an 8% return? O A) $119,075 B) $128,855 C) $138,889 D) $150,000

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