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FVINTTHEORY3 4.4.003.
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Jasper Is bequeathed a thirty-year deferred annuity that has a payment at the end of each third year. The first payment is for $19,000 and Is made Ave years after she receives the Inheritance. There is always an ncrease of $8,000 from one payment to the next. Find the value of her legacy at the time of the bequest, assuming that the annual effective interest rate remains level at 4%. Do this problem twice, once using Chapter 3 methods and once using Section 4.4 techniques. (Round your answer to the nearest cent.) $ 187258 62 X - [0/1 Points]
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FVINTTHEORY3 4.5.002.
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A thirty-year annuity has end of-month payments. The firs year the payments are each $140. In subsequent years each payment increases by $5 over what it was the previous year. Find the present value of the annuity if 2%. (Round your answer to the nearest cent.) $ 256509.67 X - [Oh Points)
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FVINTTHEORY3 4.5.004.
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Cassandra receives an annu ty-due with a payment each month. The annuity has its first payment on her 12th birthday and the last payment is on her 16th birthday. The amount of the payment Is $100 times her age with no credit being given for fractions of a year. All the deposits are made to an account earning compound interest at an annual effective Interest rate of 5.63%. And the accumulated value on her 18th birthday. (Round your answer to the nearest cent.) $ 867246 X
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