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An annuity with a cash value of $14500 earns 7% compounded semi-annually. End-of-period, semi-annually payments to the beneficiary are deferred for 7 years and then

An annuity with a cash value of $14500 earns 7% compounded semi-annually. End-of-period, semi-annually payments to the beneficiary are deferred for 7 years and then continue for 10 years. How much is the amount of each payment

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