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6. (6 pts) Find the accumulated value of an annuity-immediate which pays 1 at the end of each half-year for five years, if the

6. (6 pts) Find the accumulated value of an annuity-immediate which pays 1 at the end of each half-year for five years, if the rate of interest is 7% convertible semi-annually for the first two years, 9% convertible semi-annually for the next two years, and 8% convertible semi-annually for the last year.

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