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8. Find a formula for the value of a sequence of n payments of R dollars, made at the beginning of each payment period, at

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8. Find a formula for the value of a sequence of n payments of R dollars, made at the beginning of each payment period, at the end of the last payment period. This type of annuity is called an annuity due. Assume the i% is the interest rate per payment period. payment periods t=0 t=1 t=2 t=3 t = 4 R RR RR t = n-1 t= A) Reali B) R (1+i) + R (1+0)"-1 C) R (1+i) ali D) R (1+i) Stji E) none of these

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