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rev | Admin | (Created page with "'''Solution: B''' The first thing we must do is recognize the arithmetic pattern which we must separate from the other payments. Thus the annuity payments are: 300, 300, 300, . . . And the increasing annuity pay is 50, 100, 150, . . . Thus the present value would be: <math display = "block"> \begin{aligned} & \mathrm{pv}=300 \mathrm{a}_{\overline{28} |.035}+50\left(\mathrm{I}_{\mathrm{a}}\right)_{\overline{28} | .035} \\ & =300\left(1-\mathrm{v}^{28} / .035\right)+5...") | Nov 22'23 at 0:29 | +887 |