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1. You invest 800 into an account 1 year from today. Each subsequent year you invest 400 more than the previous year until you've made

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1. You invest 800 into an account 1 year from today. Each subsequent year you invest 400 more than the previous year until you've made 10 total payments. You then buy a perpetuity immediate with level payments of X. At an interest rate i = 8% what is the largest X can be? (A) 2351 (B) 2465 (C) 2588 (D) 2722 (E) 2940 1. You invest 800 into an account 1 year from today. Each subsequent year you invest 400 more than the previous year until you've made 10 total payments. You then buy a perpetuity immediate with level payments of X. At an interest rate i = 8% what is the largest X can be? (A) 2351 (B) 2465 (C) 2588 (D) 2722 (E) 2940

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