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An annuity pays $4800 per year payable quarterly for 5 years with the first payment on April 1, 2017. Given an annual effective rate of

An annuity pays $4800 per year payable quarterly for 5 years with the first payment on April 1, 2017. Given an annual effective rate of interest of 3.2%, find the AV on 1/1/2022

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