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revAdmin (Created page with "A perpetuity-immediate with annual payments is priced at X based on an annual effective interest rate of 10%. The amount of the first payment is 14,000. Each payment, from the second through the twentieth, is 4% larger than the previous payment. The 21st payment and each subsequent payment will be 1% larger than the previous payment. Calculate X. <ul class="mw-excansopts"><li>185,542</li><li>191,834</li><li>206,540</li><li>208,508</li><li>212,823</li></ul> {{soacopyri...")Nov 18'23 at 19:07+488