Question: answer #8 ASAP please At an annual effective interest rate of 5%, a 10-year annuity-immediate starting with an annual payment of 100 increases each year

answer #8 ASAP please

At an annual effective interest rate of 5%, a 10-year annuity-immediate starting with an annual payment of 100 increases each year by 15% of the previous year's payment and has a present value of X. Catculate X. 597 72 1,040 1,247 1,484

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