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Determine the size of the periodic payment for the following ordinary general annuity: FV: $18,500 Payment Period: 6 Months Term of Annuity: 3 years Interest
Determine the size of the periodic payment for the following ordinary general annuity:
FV: $18,500 Payment Period: 6 Months Term of Annuity: 3 years Interest Rate: 8.65% Conversion Period: Annually
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