Question: A 1 5 - year annuity pays $ 2 , 4 5 0 per month at the end of each month. If the APR is

A 15-year annuity pays $2,450 per month at the end of each month. If the APR is 12 percent compounded monthly for the first ten years and 8 percent compounded monthly thereafter, what is the value of the annuity today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
A 15-year annuity pays $2,450 per month at the end of

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