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Show all work 2. Maria buys a perpetuity that pays her X at the end of each year for the first five years (times 1-5),

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2. Maria buys a perpetuity that pays her X at the end of each year for the first five years (times 1-5), X+10 at the end of the next five years (times 6-10), then X+20 forever (times 11 and on). The amount Maria pays today for that perpetuity is 15,575 . If the annual effective interest rate is 8%, determine X

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