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An annuity with a cash value of $ 13,500 earns 6% compoundedsemi-annually. End-of-period semi-annual payments are deferred for 5 years, and then continue for 9
An annuity with a cash value of $ 13,500 earns 6% compoundedsemi-annually. End-of-period semi-annual payments are deferred for 5 years, and then continue for 9 years. How much is the amount of each payment?
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