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Business, 28.10.2020 16:30 jayjay2006

A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the annuity

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A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the inte...

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