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Compute the PV of a growing annuity with an initial monthly payment of $2,500, growing at 4% per year, a 35-year life and an annual
Compute the PV of a growing annuity with an initial monthly payment of $2,500, growing at 4% per year, a 35-year life and an annual discount rate of 6%. Select one: O a. $546,556.02 b. $847,917.43 c. $752,995.47 d. $332,778.24 e. $611,198.33
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