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A twenty-year annuity pays $ 2,700 on each Jan 1, $ 3,000 on each Feb 1, $ 3,300 on each Mar 1, and so on,
A twenty-year annuity pays $ 2,700 on each Jan 1, $ 3,000 on each Feb 1, $ 3,300 on each Mar 1, and so on, and $ 6,000 on each Dec 1. The first payment is on January 1. Find an expression for the value of this annuity at the time of the first payment.
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