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Show me the steps to solve Your friend ( not me , of course ) will give you $ 1 , 0 0 0 each
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Your friend not me of course will give you $ each year for the next years, except year and year The first payment will be received today. The other payments will be received at a oneyear interval from the date of the first payment except years and Assuming that you can deposit these payments in a bank and earn annual interest rate, what is the future value of these payments at the end of year
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