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What is the future value of a 10-year, $100 ordinary annuity, evaluated at an annual interest rate of 10%, compound quarterly? 1) $2,554.47 2) $1,623.07

What is the future value of a 10-year, $100 ordinary annuity, evaluated at an annual interest rate of 10%, compound quarterly? 1) $2,554.47 2) $1,623.07 3) $1,277.23 4) $3,225.95

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