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An Annuity with $1,000 Annual Payments at the End of Each

Question 161

Multiple Choice

An annuity with $1,000 annual payments at the end of each year, with a 10% interest rate, is worth how much at the end of four years?


A) $4,641.00
B) $3,169.87
C) $5,105.10
D) None of the above

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