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Question Consider an annuity-due with 24 annual payments. The first payment is 800 at time 0 and each subsequent payment increases by 7%. Find the

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Question Consider an annuity-due with 24 annual payments. The first payment is 800 at time 0 and each subsequent payment increases by 7%. Find the PV of this annuity at an annual effective rate of interest i = 6%. Possible Answers A 19,925 B 20,221 c 20,442 D 21,435 E 22,437

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