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What is the value at the time of the last payment of a 15-year annuity with bi-annual payments increasing as follows: the first payment is
What is the value at the time of the last payment of a 15-year annuity with bi-annual payments increasing as follows: the first payment is 50; the second is 60; the third is 70; the forth is 80; the last payment is 340? The effective annual rate is 4%
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