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A perpetuity immediate has payments of 1 , 2 , 3 , 4 , 5 , dots, n - 1 , n , n ,
A perpetuity immediate has payments of dots,dotsdots Based on an annual effective interest rate is the present value for the perpetuity is Just after receiving payment number the remaining payments for the perpetuity are exchanged for a five year annuity due that pays per year. The present value for the five year annuity is based on an annual effective interest rate of Find
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