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2. Consider an annuity that pays 1000 at the end of each quarter for the next 20 years with the first payment one quarter away

2. Consider an annuity that pays 1000 at the end of each quarter for the next 20 years with the first payment one quarter away from now. Express and calculate the value of this annuity right after the final payment is paid if it is given that i(4)=8.4%

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