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Home Q & A Board Science-Related Homework Help Mathematics
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drew911811 drew911811
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A year ago
Vince has $35,000 to purchase an annuity that will provide him with equal payments at the end of every three months for the next six years. If the funds earn 8% compounded quarterly, what is the size of the quarterly payments he will receive?

▸ $2,335

▸ $1,850

▸ $3,734

▸ $3,324

▸ $7,571
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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9quatroquatro99quatroquatro9
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A year ago
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drew911811 Author
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A year ago
Thank you, thank you, thank you!
GeorgeNeist
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This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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