Question: A continuous annuity paying 500 per year will start making payments 4 years from now and stop making payments 12 years from now. What is

A continuous annuity paying 500 per year will start making payments

A continuous annuity paying 500 per year will start making payments 4 years from now and stop making payments 12 years from now. What is the value of this annuity 15 years from now if the annual effective discount rate is 2.5%

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