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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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