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Consider the following series of payments which start at time t = 0 : 5, 7, 9, 11... What is the value of this series

Consider the following series of payments which start at time t = 0:

5, 7, 9, 11...

What is the value of this series of payments at time t = 6? Effective annual interest rate is 8% p.a.

Question 7Select one:Select one:

92.68

122.44

68.72

103.28

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