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Calculate the present value of an immediate annuity of $100 per half-year payable for 5 years at 10% interest compounded semi-annually for the first 2
Calculate the present value of an immediate annuity of $100 per half-year payable for 5 years at 10% interest compounded semi-annually for the first 2 years and 8% interest compounded semi-annually for the final 3 years.
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