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A ten year annuit pays $400 at the end of each quarter for the first 5 years, increasing to $600 per quarter thereafter. The annual
A ten year annuit pays $400 at the end of each quarter for the first 5 years, increasing to $600 per quarter thereafter. The annual rate of interest is 12.55% . Find the value of the annuity at the end of 10 years after the last payment.
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