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b) Question 1 of 8 Brian receives $4,000 at the end of every half-year for 15 years for money that she loaned to a friend
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Question 1 of 8 Brian receives $4,000 at the end of every half-year for 15 years for money that she loaned to a friend at 3.74% compounded semi-annually. a. What type of annuity is this? o Ordinary simple annuity o Ordinary general annuity O Simple annuity due General annuity due Question 1 of 8 o Ordinary general annuity O Simple annuity due o General annuity due b. How many payments are there in this annuity? Round up to the next payment SUBMIT ASSIGNMENT SAVE PROGRESS 2:53 PM Step by Step Solution
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