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(1 point) (Exercise 3.5) An annuity provides a payment of 3n at the end of each year for In years. The annual effective interest rate

(1 point) (Exercise 3.5) An annuity provides a payment of 3n at the end of each year for In years. The annual effective interest rate is 1/(3n). What is the present value of the annuity? ANSWER = (It is a function of n)

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