5-year regular annuity has a present value of $1,000, and if the interest rate is 10%, what is the amount of each annuity payment?

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let me finish the question pleASE

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1000*(1+0.1)^5-1)0.1

1000*(1.01)^5-1)0.1

1000*(0.61)/0.1

1000*6.12=6,105$

FOR EACH ANNUITY

6105$/5=1221$

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That is not one of the mutiple choice answers that are provided to me

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which one the answer 1,221

Neither of the answers you gave were correct and do not match the mutiple answers given

send the multiples i see

$240.42/$263.80/$300.20/$346.87/$315.38

263.80

that is the answer let me redo the question again with a different style and you see how it was suppost to be done okay

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