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Allen deposites into the bank at the end of each year with the annual effective interest rate 7%. The payments amount start from $20, each

Allen deposites into the bank at the end of each year with the annual effective interest rate 7%. The payments amount start from $20, each payment thereafter decreases by $1 until reach $5, and then increases by $1 until reach $25. Calculate the present value of this annuity.

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