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can u please do it 5. Sarah elects to receive his retirement benefit over 30 years at the rate of 3,000 per month beginning one

can u please do it image text in transcribed
5. Sarah elects to receive his retirement benefit over 30 years at the rate of 3,000 per month beginning one m onth from now. The monthly benefit increases by 4% each year. At a nominal interest rate of 5% convertible monthly, calculate the present value of the retirement benefit

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