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An annuity pays $1 at the end of year 1,2,3, and so on until year n. Using an annual effective rate of interest of 6%,
An annuity pays $1 at the end of year 1,2,3, and so on until year n. Using an annual effective rate of interest of 6%, the accumulated value of the annuity at time (n+1) is $12.18. Calculate n. (use an integer value) Type your numeric answer and submit
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