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What is the present value of a deferred annuity with a deferral period of 17 years at 6.7% compounded semi-annually followed by a 10-year annuity
What is the present value of a deferred annuity with a deferral period of 17 years at 6.7% compounded semi-annually followed by a 10-year annuity due paying $1100 every month at 4.78% compounded semi-annually? Select one: a. $34381.67 b. none c. $35481.67 d. $33281.67
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