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A rich aunt has promised you $ 5000 one year from today. In​ addition, each year...

A rich aunt has promised you $ 5000 one year from today. In​ addition, each year after​ that, she has promised you a payment​ (on the anniversary of the last​ payment) that is 3 % larger than the last payment. She will continue to show this generosity for 10 ​years, giving a total of 10 payments. If the interest rate is 5 %​, what is her promise worth​ today?

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