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Michael decides to invest in an annuity due for 4 years at 9% interest compounded annually. He will deposit $5,000 at the beginning of

Michael decides to invest in an annuity due for 4 years at 9% interest compounded annually. He will deposit $5,000 at the beginning of each period. What will be the ending balance of this annuity after the end of 4 years? (Please use the appropriate annuity table to calculate your answer). 24,923.50 23,765.75 $21.353.00 19,215.35

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