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An annuity with a cash value of $14,000 earns 6% compounded semi-annually. End-of-period semi-annual payments are deferred for sbaxyears, and then continue for ten years.

An annuity with a cash value of $14,000 earns 6% compounded semi-annually. End-of-period semi-annual payments are deferred for sbaxyears, and then continue for ten years. How much is the amount of each payment? Each payment is 5

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