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1 4 . A 1 0 - year annuity - immediate has a first payment of 2 , 0 0 0 . Each subsequent annual
A year annuityimmediate has a first payment of Each subsequent annual payment is less than the preceding payment. The payments are ; ; ; etc. At an annual effective interest rate of what is the accumulated value of this stream of payments on the date of the final payment?
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