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If Taylor Greene invests a maximum of __________ today at a rate of 7.7%, then he will approve a house renovation project that will last

If Taylor Greene invests a maximum of __________ today at a rate of 7.7%, then he will approve a house renovation project that will last for the next 9 years and is expected to generate a $98,200 annuity during that time.

Multiple Choice

$570,801.74
$621,171.53
$1,211,024.34
$595,982.10
$532,748.29

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