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please show work! 1. A berpetuity-due pays 10,000 annually for the first 15 years, and 20,000 annually thereafter. If the effective interest rate is 7%,

please show work!

1. A berpetuity-due pays 10,000 annually for the first 15 years, and 20,000 annually thereafter. If the effective interest rate is 7%, what is the present value of this perpetuity

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