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The future amount of $150,000 is to be accumulated through annual payments, A, over 20 years. The last payment A, occurs simultaneously with the future

The future amount of $150,000 is to be accumulated through annual payments, A, over 20 years. The last payment A, occurs simultaneously with the future amount at the end the year 20. If the interest rate is 9% per year, what is the value of A? a. $2925 b. $3150 c. $2780 d. $2465

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