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Compute the PV of a growing annuity with an initial annual payment of $25,000, growing at 4% per year, a 35-year life and an annual

Compute the PV of a growing annuity with an initial annual payment of $25,000, growing at 4% per year, a 35-year life and an annual discount rate of 6%. Select one: O a. $608,241.54 O b. $546,556.02 O c. $611,198.33 O d. $847,917.43 e. $332,778.24

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