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Tyler and Eunice just got married. As a wedding present Eunice's father purchased an annuity that will give them payments every other year starting one
Tyler and Eunice just got married. As a wedding present Eunice's father purchased an
annuity that will give them payments every other year starting one year from today
at times The effective annual rate is The first payment is for
and increases by each payment. How much did Eunice's father pay for this
annuity?
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