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A 15 -year annuity pays $2,150 per month at the end of each month. If the APR is 9 percent compounded monthly for the first
A 15 -year annuity pays $2,150 per month at the end of each month. If the APR is 9 percent compounded monthly for the first eight years and 6 percent compounded monthly thereafter, what is the value of the annuity today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct
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