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1. Zbigniews retirement annuity pays $10000 at the beginning of each the first 10 years starting with his retirement at 65, then $15000 for the
1. Zbigniews retirement annuity pays $10000 at the beginning of each the first 10 years starting with his retirement at 65, then $15000 for the next 20 years after that. At an effective annual interest rate of 4%, how much is it worth when he retires?
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