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Annuity for a property has a payment of $6,000 at the beginning of every year for 12 years. The payment have been deferred for 7
Annuity for a property has a payment of $6,000 at the beginning of every year for 12 years. The payment have been deferred for 7 years with an interest of 4.38% compounded once a month. At the end of these 7 years, what is the cash value of the property?
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