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You have your choice of two investment accounts. Investment A is a 10-year annuity that features end-of-month $3,100 poyments and has an APR of 9

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You have your choice of two investment accounts. Investment A is a 10-year annuity that features end-of-month $3,100 poyments and has an APR of 9 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an APR of It 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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