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Problem 2. You are offered a 30-year annuity investment that will pay you 500 per month, starting at the end next month (t = 1).

Problem 2. You are offered a 30-year annuity investment that will pay you 500 per month, starting at the end next month (t = 1). What is the value of this investment today if the monthly interest rate is 0.6%? (1 point)

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