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2. 5 points The present value today of a 20 year annuity-immediate pay- ing 500 every 6 months but with the first payment deferred t

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2. 5 points The present value today of a 20 year annuity-immediate pay- ing 500 every 6 months but with the first payment deferred t years has a present value of $5,805.74. If i(12)0.09 is the interest rate used to calculate the present value, find t

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