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What is the value on January 1, 2000, of a ten-year annuity, which pays $100 each June 30 and $200 each December 31 starting year
What is the value on January 1, 2000, of a ten-year annuity, which pays $100 each June 30 and $200 each December 31 starting year 2000, if on an effective interest rate of 5%? (Answer: $2335.59)
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