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- 3. On her 18th birthday Olivia receives an annuity that is to pay $5000 on her 25th through 39th birthdays. Find the value of

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- 3. On her 18th birthday Olivia receives an annuity that is to pay $5000 on her 25th through 39th birthdays. Find the value of the annuity using an effective annual rate of 5%

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