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Suppose you can save $200 per year at the end of each year for 15 years and earn 5.49% interest per year. However, you cannot
Suppose you can save $200 per year at the end of each year for 15 years and earn 5.49% interest per year. However, you cannot start saving for six years, so the first payment occurs in the six year. What is the present value of this annuity? On excel.
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