A 50-year annuity with an annual interest rate of 8%. In the first 20 years, $1000...

A 50-year annuity with an annual interest rate of 8%. In the first 20 years, $1000 was deposited at the beginning of each year, and in the next 30 years, $1400 was deposited at the beginning of each year. Calculate the value of this annuity at the end of the 40th year.

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jeff jeffy answered 2 years ago

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