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You just invested $1,000,000 in a piece of land that is expected to increase in value by 10 percent per year for the next five

You just invested $1,000,000 in a piece of land that is expected to increase in value by 10 percent per year for the next five years. You will then take the proceeds and provide yourself with a 10-year annuity. Assuming a 10 percent interest rate for the annuity, how much will this annuity be?

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