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The following two statements describe payment streams that have equal present value X when valued at 10.8% annual effective: the present value of an annuity

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The following two statements describe payment streams that have equal present value X when valued at 10.8% annual effective: the present value of an annuity immediate paying 20.5 per year for n years, and the present value of a perpetuity immediate that pays 19,007 each n years. Find n. 41 33 27 45 36 X

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