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An Annuity Provides Payments of $4580

Question 87

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An annuity provides payments of $4580.00 at the end of every three months. The annuity is bought for $53 500.00 and payments are deferred for 10 years. If interest is 9.72% compounded monthly, for how long will payments be received?

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p = blured image - 1 = 0.0244974...

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