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Problem 9 The a 2n An annuity-due pays 500 at the beginning of each year for 14 years. Another annuity-due pays 712.530 at the beginning
Problem 9 The a 2n An annuity-due pays 500 at the beginning of each year for 14 years. Another annuity-due pays 712.530 at the beginning of each year for 7 years. At an annual effective rate of interest i, the PV of both annuities are equal. Calculate i
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