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Posted on Sep 27, 2024

An annuity pays $ 2 0 0 0 weekly for 5 years and then $ 4 4 0 0 weekly for the next 7 years.

An annuity pays $

2000

weekly for

5

years and then $

4400

weekly for the next

7

years. Determine the discounted value if the interest rate is

j 52 = 7.6 % .

Answer: $

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