26. You have decided to purchase a house near the coast in order to spend...
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26. You have decided to purchase a house near the coast in order to spend your summer vacations there in the future. To fulfill such an investment, three years from now you will start paying a 15- year annuity of thirty $5,000 semi-annual payments. The first paymes will be made after 3.5 years. What is the current value of the annuity if the discount rate is 7%? Do (10 points) Soive this Exercise in handwriting and upload the solution on the othar Assignment Enter your
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