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Mathematics, 16.10.2020 05:01 cjmckee2001

Question 8 (2 points) Gaston has an annuity that pays $250 at the beginning of each quarter. If the economy grows at a rate of 4.97% annually, what is the value of
the annuity if he received it in a lump sum now rather than over a period of eight years? (2 points)
$1,617.76
$1,698.17
$6,471.06
$6,792.67

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