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(1 point) George purchases an annuity that will provide annual payments of 3300 dollars, with the first payment to come 8 years from now. If
(1 point) George purchases an annuity that will provide annual payments of 3300 dollars, with the first payment to come 8 years from now. If the effective rate of interest is 10.2 percent and the present value is 13538.92 dollars, how many payments will George receive? Answer = 15 payments
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