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Hillier Hillier
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6 years ago
Jamal plans to retire in 17 years. He is saving $2000 every month in a retirement savings account paying him a long-term interest of 9% compounded semi-annually. What will be the size of his payments per month from the ordinary annuity for 20 years following his retirement?
A) $957 836
B) $8721
C) $8618
D) $941 547
E) $8372
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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wrote...
#2
3 years ago
thanks
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#3
3 years ago
thanks
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