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*please do not use excel***** Consider a 20-year annuity immediate in which the first payment is 1000$, and each subsequent payment is increased by 50$

***please do not use excel*******

Consider a 20-year annuity immediate in which the first payment is 1000$, and each subsequent payment is increased by 50$ for the first 10 payments and 100$ for the last 10 payments. Find the present value of this annuity if i = 10%.

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