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You have your choice of two investment accounts.Investment A is a 1 5 - year annuity that features end - of - monthKD 1 2

You have your choice of two investment accounts.Investment A is a 15-year annuity that features end-of-monthKD1200 payments and has an interest rate of 7.5 percent compounded monthly.Investment B is an 9 percent continuously compounded lump-sum investment, also good for 15 years.How much money would you need to invest in B today for it to be worth as much as Investment A 15 years from now?
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