Question: Consider an annuity-immediate with block payments:$3 for the first 4 years,$14 for the next 9 years, and$9 for the next 13 years. Which one of

Consider an annuity-immediate with block payments:$3 for the first 4 years,$14 for the next 9 years, and$9 for the next 13 years. Which one of the statements below doesn't give the AV of this annuity at the time of the last payment?

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