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Shen has an annuity that pays 10 at end of each year for 5 years, then 9 each year for the next 5 years,

Shen has an annuity that pays 10 at end of each year for 5 years, then 9 each year for the next 5 years, then 8 each year for the next 5 years, then 7 for next 5 years. Find the PV if i = .05.

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