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Required: A pension plan is obligated to make disbursements of $ 2 . 1 million$ 3 , 1 million, and $ 2 . 1 million

Required: A pension plan is obligated to make disbursements of $2.1 million$3,1 million, and $2.1 million at the end of each of the next three years, respectivelyFind the duration of the plan's obligations the interest rate is 12% annually. (Do not round intermediate calculationsRound your answer to 4 decimal places.)

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