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Consider an annuity with an initial value of R 812733 and monthly withdrawals of R 7422. The annuity has an interest rate of 9.5% per
Consider an annuity with an initial value of R 812733 and monthly withdrawals of R 7422. The annuity has an interest rate of 9.5% per month. Which of the following statements is true? The value of the annuity depletes over time. The value of the annuity grows over time. The value of the annuity remains the same over time. O The value of the annuity fluctuates with an intreasing amplitude over time. O The value of the annuity fluctuates with a decreasing amplitude over time
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