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2) Two year annuity immediates in perpetuity have a present value of $5, 000 and a common effective annual interest rate. The first annuity makes

2) Two year annuity immediates in perpetuity have a present value of $5, 000 and a common effective annual interest rate. The first annuity makes payments of X at the end of every 4 years while the second makes payment of $50 at the end of every two months. Find X

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