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Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $1,600 are made for 19 years
Find i (the rate per period) and n (the number of periods) for the following annuity.
Semiannual deposits of $1,600 are made for 19 years into an annuity that pays 7.4% compounded semiannually.
i = ?
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
