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Future Value of an Annuity What is the future value of a $500 annuity payment over 8 years if the interest rates are 9 percent?

Future Value of an Annuity What is the future value of a $500 annuity payment over 8 years if the interest rates are 9 percent?

A-$996.28

B-$6,243.78

C-$4,360.00

D-$5,514.24

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