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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 year ordinary annuity of R per year from standard bank at an interest rate of per year. What happens to the value of the annuity if the interest rates increase to
A it remains the same
B it decreases to R
C it increases to R
D It decreases to R
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