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Please show how to do in excel with a clear screenshot with formulas. Thank you. Compute the PV of a growing annuity with an initial

Please show how to do in excel with a clear screenshot with formulas.

Thank you.

Compute the PV of a growing annuity with an initial monthly payment of $2,500, growing at 4% per year, a 35-year life and an annual discount rate of 6%.

Select one:

a. $611,198.33

b. $546,556.02

c. $332,778.24

d. $847,917.43

e. $752,995.47

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