Question: You are comparing two annuities with equal present values. The applicable discount rate is 10% for both annuities. One annuity pays $2,000 on the last

You are comparing two annuities with equal present values. The applicable discount rate is 10% for both annuities. One annuity pays $2,000 on the last day of each year for 30 years. The second annuity pays on the last day of each year for 10 years. What is the periodic payment for the second annuity

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