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Is has paid $16,000 for a retirement annuity from which he will receive $1,768 at the end of every nonths. The payments are deferred for
Is has paid $16,000 for a retirement annuity from which he will receive $1,768 at the end of every nonths. The payments are deferred for 11 years and interest is 10% compounded quarterly. N many payments will Seamus receive? at is the size of the final payment? w much will Seamus receive in total? w much of what he receives will be interest
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