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Xenia has an annuity immediate paying $1,930.00 bi-weekly for 15 years. Sam has perpetuity, also paying bi-weekly with the same present value. The interest rate
Xenia has an annuity immediate paying $1,930.00 bi-weekly for 15 years. Sam has perpetuity, also paying bi-weekly with the same present value. The interest rate for both of them is r(52) = 4.775%. How much are the bi-weekly payments for Sam?
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