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An annuity pays out $2500 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find: a) The present value

An annuity pays out $2500 at the beginning of each year in perpetuity. If the interest is 6% compounded annually, find: a) The present value of the whole annuity; b) The present value of the annuity of the first 30 years

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