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Olga buys a 5-year increasing annuity for X. Olga will receive 2 at the end of the first month, 4 at the end of the second month, and for each month thereafter the payment increases by 2. The annual nominal interest rate is 9% convertible quarterly. CALCULATE X
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Olga buys a 5-year increasing annuity for X. Olga will receive 2 at the end of the first month, 4 at...
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