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If a fan buys a sports mortgage to usc football games by paying $130,000 in 10 equal payments starting now, and then pays a fixed
If a fan buys a sports mortgage to usc football games by paying $130,000 in 10 equal payments starting now, and then pays a fixed price of $290 per year for 50 years (starting 1 year from now) for the season tickets, what is the AW in years 1 through 50 of the season tickets at 8% per years interest
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