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(1 point) A perpetuity will make annual payments, with the first payment coming 13 years from now. The first payment is for 4600 dollars and

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(1 point) A perpetuity will make annual payments, with the first payment coming 13 years from now. The first payment is for 4600 dollars and each payment that follows is 140 dollars more than the one before. If the effective rate of interest is 5.6 percent, what is the present value? Answer = dollars

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