Question: You are evaluating two annuity investments using a discount rate of 8% p.a. Annuity 1 - This annuity has 8 semi-annual payments in advance which

You are evaluating two annuity investments using a discount rate of 8% p.a. Annuity 1 - This annuity has 8 semi-annual payments in advance which grow at 0.8% every 6 months. The first payment is $800. Calculate the value of this annuity today

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