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(1 point) (Exercise 3.5) An annuity provides a payment of 4n at the end of each year for 3n years. The annual effective interest rate

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(1 point) (Exercise 3.5) An annuity provides a payment of 4n at the end of each year for 3n years. The annual effective interest rate is 1/(2n). What is the present value of the annuity? ANSWER = 12n^2*(1-((2n)/(1+2n))^( (It is a function of n)

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