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Dr. Oats invests $100,000 in a piece of land that is expected to increase in value by 12% per year for the next five years.

Dr. Oats invests $100,000 in a piece of land that is expected to increase in value by 12% per year for the next five years. She will then take the proceeds and provide herself with a 10-year annuity. Assuming a 14% interest rate for the annuity, how much will this annuity be?

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