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Karen receives pension payments of $4,570.00 at the end of every six months from a retirement fund of $82,000.00. The fund earns 8.06% compounded semi-annually.
Karen receives pension payments of $4,570.00 at the end of every six
months from a retirement fund of $82,000.00. The fund earns 8.06%
compounded semi-annually.
(a) How many payments will Karen receive?
(b) What is the size of the final pension payment?
( I need steps and equations thanks)
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