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What is the present value of the following series of payments: $141 made at the end of every year starting in year 1 and ending
What is the present value of the following series of payments: $141 made at the end of every year starting in year 1 and ending in year 18 EXCEPT there will be no payment of any kind at the end of year 13? The interest is 6.9% annual rate compounded annually.
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