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We assume that an annuity has quarterly deposits of $22, payable continuously, for 5 years. Assume that the effective annual interest rate is i =

We assume that an annuity has quarterly deposits of $22, payable continuously, for 5 years. Assume that the effective annual interest rate is i = 0.07 for the first two years. Thereafter, the annual force of interest is = 0.02. Find the accumulated value of the annuity 5 years from today.

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