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What is the accumulated sum of each of the following streams of payments?

A) $490 a year for 9 years compounded annually at 11 percent

B) $108 a year for 6 years compounded annually at 9 percent

C) $32 a year for 12 years compounded annually at 12 percent

D) $21 a year for 6 years compounded annually at 5 percent

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Financial Management, Finance

Category:- Financial Management
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