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annuity provides for 30 annual payments. The first of these payments is $100 and each subsequent payment is 5 higher than the one preceding it.

annuity provides for 30 annual payments. The first of these payments is $100 and each subsequent payment is 5
higher than the one preceding it. Find the AV of this annuity at the time of the last payment if the annual effective
rate of interest is 7%.

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