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(1 point) (Exercise 4.2) Find the present value of a 8-year annuity which pays $660 at the beginning of each quarter for the first 4

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(1 point) (Exercise 4.2) Find the present value of a 8-year annuity which pays $660 at the beginning of each quarter for the first 4 years. increasing to $900 per quarter thereafter. The annual effective rate of interest is 6.9%. ANSWER =$

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