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ILL 100% UPVOTE! Please explain this! Consider an annuity due that makes 5 equal annual payments of $15,000 each year starting today. The interest rate

ILL 100% UPVOTE! Please explain this!

Consider an annuity due that makes 5 equal annual payments of $15,000 each year starting today. The interest rate is 4.1%. Find the value of this security 3 years from today.

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