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Calculate the Present Value of a 18 year growing annuity considering the following information. The initial Cash Flow is $700 The annual interest rate is

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Calculate the Present Value of a 18 year growing annuity considering the following information. The initial Cash Flow is $700 The annual interest rate is 15% The annual growth rate is 5% Cash flows will occur annually. Round your answer to the nearest dollar. Do NOT use a dollar sign

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