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Tim has been promised a series of six annual payments, each of $ 2 0 , 0 0 0 , the first to be paid

Tim has been promised a series of six annual payments, each of $20,000, the first to be paid in two years time. The relevant interest rate is 7.25% pa.
The future value of this series of payments is closest to:
(A) $115,590
(B) $143,970
(C) $174,408
(D) $207,053
Group of answer choices
C
A
D
B

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