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You pay $800 annually for 30 years to buy an annuity from an insurance company. One year after your last payment, the annuity starts to

You pay $800 annually for 30 years to buy an annuity from an insurance company. One year after your last payment, the annuity starts to pay $5000 a year. Suppose that the annual effective interest is 6%. How many times will you receive $5000? What is the balance of your annuity just after you received the last $5000 from the insurance company

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