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An investment of 10,000 is used to make payments of 1,000 at the end of each year for as long as possible with a smaller
An investment of 10,000 is used to make payments of 1,000 at the end of each year for as long as possible with a smaller final payment to be made at the time of the last regular payment. If interest is 7% convertible semiannually, find the amount of the total final payment.
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