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(1 point) (Exercise 3.15) Annuities X and Y provide the following pay End of Year Annuity X Annuity Y 1-10 250 K 11-20 0 21-30

(1 point) (Exercise 3.15) Annuities X and Y provide the following pay End of Year Annuity X Annuity Y 1-10 250 K 11-20 0 21-30 K Annuities X and Y have equal present values at an annual effective interest rate i such that 10 K = 1 200 100 = 0.4. Determine

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