Question: Let the effective interest rate be 5% for the first 6 years and 4% for the next 4 years. Find the future value of

Let the effective interest rate be 5% for the first 6 years

Let the effective interest rate be 5% for the first 6 years and 4% for the next 4 years. Find the future value of the annuity-immediate at the end of the 10-year period with an annual payment of $100.

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