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What is the equivalent AW of a one-year contract that pays $6.000 in the first month and increases by $700 for each month thereafter? MARR

What is the equivalent AW of a one-year contract that pays $6.000 in the first month and increases by $700 for each month thereafter? MARR = 9% compounded monthly Click the icon to view the interest and annuity table for discrete compounding when the MARR is 0.75% per month. Choose the correct answer below. 4. The AW is $75,608. B. The AW is $123,339. c. The AW is $200,736. D. The AW is $122,420. E. The AW is $47,730

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