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What is the future value of an ordinary annuity that pays $3,400 per year for 6 years? The appropriate interest rate is 11 percent. Selected

What is the future value of an ordinary annuity that pays $3,400 per year for 6 years? The appropriate interest rate is 11 percent.
Selected Answer: image text in transcribedb.

$26,903.72
Answers: a.

$29,863.13
image text in transcribedb.

$26,903.72
c.

$22,644.00
d.

$38,156.46
e.

$6,359.41

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