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Alicia receives $7,500 at the end of every half-year for 15 years for money that he loaned to a friend at 4.34% compounded semi-annually. a.
Alicia receives $7,500 at the end of every half-year for 15 years for money that he loaned to a friend at 4.34% compounded semi-annually. a. What type of annuity is this? o Ordinary simple annuity o Ordinary general annuity Simple annuity due o General annuity due b. How many payments are there in this annuity? Round up to the next payment
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