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QUESTION 5 you are to recelve a 20-year anuilty with annual payments of $50 The fest payment will be recelived at the end of Year

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QUESTION 5 you are to recelve a 20-year anuilty with annual payments of $50 The fest payment will be recelived at the end of Year 1 and the last payment will be received at the end Year 20 You wll invest ea payment in an account that pays 10 percent What will be the value in your account at the end of Year 507 $19 265 88 31,027 85 $27,922 33 $49.970 73 2 863.75

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