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( 1 point) A perpetuity pays 1500 dollars on January 1 of 1980,1982,1984,, and pays X dollars on January 1 of 1981,1983,1985, If the present
( 1 point) A perpetuity pays 1500 dollars on January 1 of 1980,1982,1984,, and pays X dollars on January 1 of 1981,1983,1985, If the present value on January 1,1975 is 26000 dollars, and the effective rate of interest is 6.9 percent, what is X ? Answer = dollars
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