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14. The payment is made at the end of each year for 6 years in order to provide $500 at the end of the
14. The payment is made at the end of each year for 6 years in order to provide $500 at the end of the year for 10 years beginning 5 years after the first payment. Determine the amount of the payment required to fund this investment if the annual interest rate is 8%. oh year for 20
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