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A 12 year annuity pays $2,250 per month at the end of each month. If the discount rate is 11% compounded monthly for the first

A 12 year annuity pays $2,250 per month at the end of each month. If the discount rate is 11% compounded monthly for the first seven years and 9% compounded monthly thereafter, what is the present value of the annuity

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