Find the value of this annuity at the end of the tenth year

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Reference no: EM131130977

Pierre receives a thirty-year annuity paying $200(1.03)^t + $100(1.02)^2t + $80t − $60 at the beginning of the t-th year. Find the value of this annuity at the end of the tenth year if the annual effective interest rate remains 4% during the thirty years. PLEASE Show each step on how to work this without using excel.

Reference no: EM131130977

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Find the value of this annuity at the end of the tenth year : Pierre receives a thirty-year annuity paying $200(1.03)^t + $100(1.02)^2t + $80t − $60 at the beginning of the t-th year. Find the value of this annuity at the end of the tenth year if the annual effective interest rate remains 4% during the thirty y..

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