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Find the present value of each annuity for the given length of time. Assume the annuity is compounded as the payments are made. 2 2

Find the present value of each annuity for the given length of time. Assume the annuity is compounded as the payments are made.

22 .

retirement fund: payment

=

1800

month, rate

= 8.5 %,

time

= 20

years

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