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Given the two annuities below: Annuity #11: A 40-payment annuity-Immediate (with monthly payments), the first payment is made one month from now. The first fifteen

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Given the two annuities below: Annuity #11: A 40-payment annuity-Immediate (with monthly payments), the first payment is made one month from now. The first fifteen payments are of amount X each and the remaining of (x + 100) each. Annuity #2: A perpetuity-due (with monthly payments of 150.00 each), where the first payment is made at the beginning of the 4th month from now. At an effective monthly interest rate of 1.2%, the PV(present value) now of Annuity 1 is twice the present value now of Annuity #2. Find X

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