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Calculate the present value of annuity

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Reference no: EM13327256

A 30 year annuity immediate with annual payments pays 2000 in years 1, 3, 5, ..., 29 and
pays 6000 in years 2, 4, 6, ..., 30.
Calculate the present value of this annuity at an annual effective interest rate of 8%.

Reference no: EM13327256

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