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John just bought a 1 0 year ordinary annuity of R 5 2 0 0 per year from standard bank at an interest rate of

John just bought a

10

year ordinary annuity of R

5200

per year from standard bank at an interest rate of

10 %

per year. What is the value of the annuity?

.

none of the above

.

26097.60

.

31951.75

.

40153.52

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