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Consider a tencashflow annuity, with the first $800 cash flow occurring at t = 9 years and the tenth $800 cash flow occurring 18 years
Consider a tencashflow annuity, with the first $800 cash flow occurring at t = 9 years and the tenth $800 cash flow occurring 18 years from today. (1) Specifically using ten singlesum (singlecashflow) equations and a discount rate of 4%/year, calculate the value of this annuity 9 years from now.
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