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A twenty-year annuity-immediate pays 5000 the first year and increases by X each year thereafter. The interest rate is 6.5% effective annual. If the present

A twenty-year annuity-immediate pays 5000 the first year and increases by X each year thereafter. The interest rate is 6.5% effective annual. If the present value of this annuity is 70183.23, find the value of X.

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