Question: Find how much would you be willing to pay (rounded to the nearest RM) for a 25- year annuity due if the payments are RM5,500

Find how much would you be willing to pay (rounded to the nearest RM) for a 25- year annuity due if the payments are RM5,500 per year and you want to earn a rate of return equal to 6.5% per year.

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