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What is the future value of a 5-year annuity due with annual payments of $250, evaluated at a 9 percent interest rate? $1,246.44 $1,948.48 $1,769.56

What is the future value of a 5-year annuity due with annual payments of $250, evaluated at a 9 percent interest rate?

$1,246.44

$1,948.48

$1,769.56

$1,630.83

$1,822.64

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