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Payments of 50 each are made every 2 months from June 1, 2003 to April 1, 2009, inclusive. Find the value of the series 2

Payments of 50 each are made every 2 months from June 1, 2003 to April 1, 2009, inclusive.

Find the value of the series 2 months after the final payment at nominal annual rate d⁽²⁾= 0.04.

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