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How much is required to purchase an annuity that will pay $2,000 at the start of every six months for seven years? Money earns 7.5%

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How much is required to purchase an annuity that will pay $2,000 at the start of every six months for seven years? Money earns 7.5% compounded monthly. 3375.40(/A/?\5722\.7209\.98/) How much interest will be eamed over the seven years? 1375.40(/\$75\,2790\.02/

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