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An annuity with a cash value of $9,000 pays $790 at the beginning of every three months. The investment earns 5% compounded quarterly. (a) How
An annuity with a cash value of $9,000 pays $790 at the beginning of every three months. The investment earns 5% compounded quarterly. (a) How many payments will be paid? (b) What is the size of the final annuity payment? (a) The number of payments is (Round up to the nearest whole number.)
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