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The IF for the future value of an annuity is 9.200 at 9% for 7 years. If we wish to accumulate $25,000 by the end

The IF for the future value of an annuity is 9.200 at 9% for 7 years. If we wish to accumulate $25,000 by the end of 7 years, how much should the annual payments be? Use Appendix to calculate the answer Muluple Choice $3,493 $2.993 $2.717 none of these

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