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thanks so much Rogers is receiving yearly payments from a eight-year annuity, starting today. The first payment is for 800; each subsequent payment is 4%

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thanks so much

Rogers is receiving yearly payments from a eight-year annuity, starting today. The first payment is for 800; each subsequent payment is 4% higher than the previous payment. Find the present value of this annuity if the effective annual interest rate is 6%

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