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TOPIC: ANNUITY What is the present equivalent of a uniform series of quarterly payments of $4,500 each for 8 years and a quarterly payments $2,000

TOPIC: ANNUITY

What is the present equivalent of a uniform series of quarterly payments of $4,500 each for 8 years and a quarterly payments $2,000 of the next 6 years if the interest rate is 8% compounded bimonthly?

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