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You have your choice of two investment accounts. Investment A is a 1 0 - year annuity that features end - of - month $

You have your choice of two investment accounts. Investment A is a 10-year annuity that features end-of-month $2,480 payments and
has an APR of 7 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an APR of 9
percent, also good for 10 years. How much money would you need to invest in B today for it to be worth as much as Investment A 10
years from now?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
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