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James receives $6586 at the end of every month for 1 years and 3 months for money that he loaned to a friend at 5.1%
James receives $6586 at the end of every month for 1 years and 3 months for money that he loaned to a friend at 5.1% compounded monthly.
How many payments are there in this annuity?
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
