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An ordinary annuity starts at $ 5 0 0 and decreases by $ 5 0 every month until $ 1 0 0 is reached after

An ordinary annuity starts at $500 and decreases by $50 every month until $100 is reached after which it increases by $20 every month until $300 is reached. What is the present value of this annuity if j12=6%?

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