Anaya purchased a $100,000 annuity that is earning 8% compounded annually. It will provide her with payments
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Anaya purchased a $100,000 annuity that is earning 8% compounded annually. It will provide her with payments of $15,000 at the end of every year. How many payments will she receive from this annuity?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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