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# Savings Annuity Cash flows

CORPFN-KB0YXH

Your parents deposit \$1,000 each year on your birthday, starting from the day you were born, in an account that pays 6% interest compounded annually. How much will you have in the account on your 30th birthday, just after your parents made their deposit? A$84,802

B

$74,640 C$79,058

D

\$80,058