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On Jan 1, Alex received an inheritance of a thirty-year annu

On Jan 1, Alex received an inheritance of a thirty-year annuity. Starting on the day of the inherita… Show more On Jan 1, Alex received an inheritance of a thirty-year annuity. Starting on the day of the inheritance, the annuity pays $1000 each Jan 1, $2000 each April 1, $1500 each July 1, and $3000 each October 1. A) Using i=4%, calculate the value of this inheritance on the day Alex inherits it. • Show less


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