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A 10-year annuity providing a rate of return of 5.6% compounded quarterly was purchased for $25,000. The annuity makes payments at the end of each

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A 10-year annuity providing a rate of return of 5.6% compounded quarterly was purchased for $25,000. The annuity makes payments at the end of each quarter. (Round your answers to 2 decimal places.) a. How much of the twenty-fifth payment is interest? Interest part b. What is the principal portion of the thirteenth payment? Principal part c. What is the total interest in Payments 11 to 20 inclusive? Interest paid d. How much is the principal reduction in the second year? Principal paid e. What is the final payment? Final payment

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