A 14-ear annuity pay 2800 per month and payments are made
A 14-ear annuity pay $2,800 per month, and payments are made at the end of each month. The interest rate is 12% compounded monthly for the first seven years, and 10% cmpounded monthly thereafter.
What is the present value of the annuity?
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a 14-ear annuity pay 2800 per month and payments are made at the end of each month the interest rate is 12 compounded
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