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A 10-year annuity-due pays 50 each quarter for the first five years and 100 each quarter for the last five years. At a nominal interest

A 10-year annuity-due pays 50 each quarter for the first five years and 100 each quarter for the last five years. At a nominal interest rate of 6% convertible quarterly, what is the present value of this annuity? (A) 1978 (B) 2034 (C) 2099 (D) 2133 (E) 2165

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