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A payment of 7 is deposited into an account at the end of each year for 4 5 years. The account earns an annual effective
A payment of is deposited into an account at the end of each year for years. The account earns an annual effective interest rate of
Immediately after the th deposit of the account has accumulated to which is used to purchase a perpetuityimmediate. At an annual effective interest rate of the perpetuity will make annual payments of
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