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Zoe becomes 75 years old today, and she has received the following annuity payments on her birthdays at the age 61 to 75. Calculate the
Zoe becomes 75 years old today, and she has received the following annuity payments on her birthdays at the age 61 to 75. Calculate the accumulated value of the annuity as of today. Assume that the annual effective interest rate is 4%. Round the answer to the nearest tens. Age 61, 62, ..., 65 66, 67, 68 69, 70, ..., 75 Payment per year $800 $1000 $1300
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