Question: Annuities A and B have the same present value. Suppose the required rate of return is 75% per year. Annuity A pays $5,000 on the

Annuities A and B have the same present value. Suppose the required rate of return is 75% per year. Annuity A pays $5,000 on the first day of every year for twenty years while the payment of Annuity B is made on the last day of every year for twenty years. Calculate the annual payment of Annuity B.

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