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An annuity purchased for $ 1 8 5 , 0 0 0 pays $ 5 , 0 0 0 at the end of every quarter.
An annuity purchased for $ pays $ at the end of
every quarter. How long will the payments continue if the funds
earn compounded semiannually?Do not round
intermediate calculations and round up the number of payments, n
to the next whole number.
It will beyearsmonths
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