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Suppose that $67.56 grows to $100 after n years, and the price of a n-year annuity-immediate is $8.11. Namely, a n = 8.11 . Calculate

Suppose that $67.56 grows to $100 after n years, and the price of a n-year annuity-immediate is $8.11. Namely,

a n = 8.11 . Calculate the price of a 3n-year annuity-immediate a 3 n . Round the answer to the nearest tenth dollar.

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