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What is the future value of an ordinary $1,000 annuity payment over six years if interest rates are 6% (assume annual compounding)? $6,000.00 $6,975.32

"What is the future value of an ordinary $1,000 annuity payment over six years if interest rates are 6% (assume annual compounding)?"

"$6,000.00 "

"$6,975.32 "

"$4,917.32 "

"$9,675.32

"Not possible to compute with the data provided

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