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Consider the following annuity: $1000 due at the end of each year for three years, and $2000 due thereafter at the end of each year

Consider the following annuity: $1000 due at the end of each year for three years, and $2000 due thereafter at the end of each year for two years. At an interest rate of 5% compounded annually, the present value of the annuity is

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