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Payments at the end of a term annuity; 20 units in the 1st and 2nd years, 19 units in the 3rd and 4th years, etc.
Payments at the end of a term annuity; 20 units in the 1st and 2nd years, 19 units in the 3rd and 4th years, etc. in two years
It is continued until 0 unit payment is made by decreasing one unit.
Find the present value of this annuity, since the annual effective interest rate is 4%.
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