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Given an annual rate of payment of t at time t for 12 years and an annual effective rate of interest i = 4 %

Given an annual rate of payment of t at time t for 12 years and an annual effective rate of interest i = 4 % , find the AV of this continuously increasing annuity.

Possible Answers

51.65

59.94

63.12

73.98

84.76

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