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An annuity immediate pays 10 for 10 years, then decreases by one per year for 9 years and pays one per year thereafter, forever. Determine
An annuity immediate pays 10 for 10 years, then decreases by one per year for 9 years and pays one per year thereafter, forever. Determine the present value of this annuity assuming an annual effective interest rate of 8%. 87 89 92 95 97
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