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Melisandre retires with a pension that will pay him $9,252.30 semi-annually, at the start of each period, for the next 15 years. An actuary tell

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Melisandre retires with a pension that will pay him $9,252.30 semi-annually, at the start of each period, for the next 15 years. An actuary tell Melisandre her pension is worth $157,500.00. a) This question deals with the x value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The effective interest rate per period is % e) The present/future value is $

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