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Given that regular payments for an investment of Php 11,500 at the beginning of each 3 months from February 1, 2015 to August 31, 2020

Given that regular payments for an investment of Php 11,500 at the beginning of each 3 months from February 1, 2015 to August 31, 2020 (24% compounded quarterly) is agreed upon, determine the cash price of the annuity.

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