Question
Find the term of the following ordinary general annuity. State your answer in years and months(from 0 to 11months). Present Value Periodic Payment Payment Interval
Find the term of the following ordinary general annuity. State your answer in years and months(from 0 to 11months).
Present
Value
Periodic
Payment
Payment Interval
Interest
Rate
Compounding Period
$10,700
$310
month
3%
quarterly
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Advanced Engineering Mathematics
Authors: Erwin Kreyszig
8th Edition
471154962, 978-0471154969
