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Find the AV of a 16-year annuity with a first payment of $350 in 2 years (at t = 2) and subsequent annual payments are

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Find the AV of a 16-year annuity with a first payment of $350 in 2 years (at t = 2) and subsequent annual payments are increasing due to inflation. The inflation rate is 2% and the annual effective interest rate is 5%. Possible Answers A 9298 B 9385 9451 D 9562 E 9613 Find the AV of a 16-year annuity with a first payment of $350 in 2 years (at t = 2) and subsequent annual payments are increasing due to inflation. The inflation rate is 2% and the annual effective interest rate is 5%. Possible Answers A 9298 B 9385 9451 D 9562 E 9613

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