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An annuity makes payment at the end of each year for the 10 years. The First payment is 1000 and each year The Payment increases
An annuity makes payment at the end of each year for the 10 years. The First payment is 1000 and each year The Payment increases by 9% . what is the present value of this annuity if the interest rate remains constant at 5% per year ?
for 10 years, 3 An annuity makes payment at the end of each year The first . payment is 1000 and each year The payment increases by 9% 9%. What is the present this aunvity of the interest rate remains constant at 5% per year? show all work . value of SHOW ALL WORK USING USING FORMULA AND ALL STEPS WORKED OUT ON PAPER.
THIS IS FINANCIAL MATH.
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