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Donald chooses to receive his retirement benefit over 30 years for $10,000 per year beginning one year from now. The benefit increases by 5% each

Donald chooses to receive his retirement benefit over 30 years for $10,000 per year beginning one year from now. The benefit increases by 5% each year. Interest rate is assumed 4% nominal convertible monthly. Calculate the present value of the retirement benefit.Please show work, no excel, thank you

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