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3. Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value $11,500 Periodic Rent $800 Payment Interval

3. Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value $11,500 Periodic Rent $800 Payment Interval 6 months Interest Rate 7.4% Conversion Period semi-annually This test. This que: She can make withdrawals for year(s) and months).

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