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9. The following three annuities have the same present value: 1) A 60-year annuity-due paying 1 per year at an annual effective interest rate of

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9. The following three annuities have the same present value: 1) A 60-year annuity-due paying 1 per year at an annual effective interest rate of 6% ii) A 50-year annuity-immediate paying 1 per year at an annual effective interest rate of i% iii) An n-year annuity-immediate paying 1 per year at an annual effective interest rate of i-1% Calculate n

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