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The Waiting on a Friend Company issued an annuity that pays $3,000 per year for 10 years and earns a rate of return of 4.5
The Waiting on a Friend Company issued an annuity that pays $3,000 per year for 10 years and earns a rate of return of 4.5 percent compounded annually. What is the future value of this annuity? Multiple Choice $23,738.15 $16,066.83 $2,287.86 $36,864.63
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