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What is the future value of a 4 0 year $ 1 , 2 0 0 annual annuity that pays an 8 percent semi -

What is the future value of a 40 year $1,200 annual annuity that pays an 8 percent semi-annual coupon rate?
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$330,747
$551,245
$307,365
$220,050
$545,000

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