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A 20 year annuity pays $2,250.00 per month. Payments are made at the end of each...

A 20 year annuity pays $2,250.00 per month. Payments are made at the end of each month. If the interest rate is 11% compounded monthly for the first 10 years, and 7% compounded monthly thereafter, what is the Present Value of annuity?

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