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1. (3 pts] The following payments are made under an annuity immediate: payments start at 1, increase by annual amounts of 1 to a payment
1. (3 pts] The following payments are made under an annuity immediate: payments start at 1, increase by annual amounts of 1 to a payment of n, and then decrease by annual amounts of 1 to a final payment of 1. Show that the present value of this annuity is anlri
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