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If you have a 1 3 year annuity paying $ 3 6 1 each six months and six years when interest is 5 . 0

If you have a

13

year annuity paying $

361

each six months and six years when interest is

5.00 %

compounded semi annually what is the number of annuity payment Treat the annuity as an ordinary annuity with the first annuity payment at the six year mark

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