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Deferred Annuities and Perpetuities 1. Rebecca purchased an annuity that had an interest rate of 3.75% compounded semi-annually. It provided her with payments of $1,000

Deferred Annuities and Perpetuities 1. Rebecca purchased an annuity that had an interest rate of 3.75% compounded semi-annually. It provided her with payments of $1,000 at the end of every month ...

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