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Devi has a geometric annuity immediate whose annual payments at the end of each period) grow 2.725% each year. The first payment is $3,765.52, the
Devi has a geometric annuity immediate whose annual payments at the end of each period) grow 2.725% each year. The first payment is $3,765.52, the nominal interest rate is r26) = 5.825%, and the term is 5 years. What is the present value of her annuity? O a. $17,702.47. O b. $15,866.76. O c. $16,701.85. O d. $14,363.59. Oe. $15,198.68
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