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mattfury17 mattfury17
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11 months ago
What amount is required to purchase an annuity that pays $4000 at the end of each quarter for the first five years and then pays $2500 at the beginning of each month for the subsequent 15 years? Assume that the annuity payments are based on a rate of return of 5.6% compounded quarterly.
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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alexisgardner09alexisgardner09
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mattfury17 Author
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11 months ago
Helped a lot
Shuqin
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Yesterday
Just got PERFECT on my quiz
cipcal
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2 hours ago
Smart ... Thanks!
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