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3) What is the capitalized worth, when i 12% per year, of $2,000 per year, starting in year one and continuing forever, and $11,000 in
3) What is the capitalized worth, when i 12% per year, of $2,000 per year, starting in year one and continuing forever, and $11,000 in year five, repeating every four years thereafter, and continuing forever? (15 points)
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