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jim recieves $3300 from an investment at the beginning of every quarter for 7 years at 3.80% compounded monthly. a. what type of annuity is
jim recieves $3300 from an investment at the beginning of every quarter for 7 years at 3.80% compounded monthly.
a. what type of annuity is this?
-ordinary simple annuity
-ordinary general annuity
-simple annuity due, or
-general annuity due
b. How many payments are there in this annuity?
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