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Mathematics of Finance B2A Gurbir Singh 0 Homework: Pearson Quiz 3:10% based on ch 13 Question 7, 13.3.1 HW Score: 40%, 16 of 40 points

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Mathematics of Finance B2A Gurbir Singh 0 Homework: Pearson Quiz 3:10% based on ch 13 Question 7, 13.3.1 HW Score: 40%, 16 of 40 points O Points: 0 of 5 An annully with a cash value of $15,500 eams 7% compounded somi-annually End of period some annual payments are defered for six years, and then continue for eight years. How much is the amount of each payment? Each payment is (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)

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