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You have your cholce of two investment accounts. Investment A is a 13 year annuity that features end of-month $1,600 payments and has an APR

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You have your cholce of two investment accounts. Investment A is a 13 year annuity that features end of-month $1,600 payments and has an APR of 7.8 percent compounded monthly. Investment. B is an annually compounded lump sum investment with an interest rate of 9 percent, also good for 13 years. How much money would you fieed to invest in B today for it to be worth as much as investinent A 13 years from now? Note: Do not round intermediete calculations and round your answer to 2 decimal ploces, e.9.32.16

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