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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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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