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A thirty - year annuity has end - of - month payments. The first year the payments are each $ 1 1 0 . In

A thirty-year annuity has end-of-month payments. The first year the payments are each $110. In subsequent years each payment increases by $7 over what it was the previous year. Find the present value of the annuity if i=5.1%. Actuarial problem, no excel, show all work please

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