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answer $652.42 2. Canseco wants to have enough money so that he could receive payments of $1,500 every month for the next nine-and-a- half years.
answer $652.42
2. Canseco wants to have enough money so that he could receive payments of $1,500 every month for the next nine-and-a- half years. If the annuity can earn 6.1% compounded semi-annually, how much less money does he need if he takes his payments at the end of the month instead of at the beginning? 2. Canseco wants to have enough money so that he could receive payments of $1,500 every month for the next nine-and-a- half years. If the annuity can earn 6.1% compounded semi-annually, how much less money does he need if he takes his payments at the end of the month instead of at the beginning? new car Step by Step Solution
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