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N1 Deferred Annuity: You are concerned about your friend who needs money for his desktop and wanted to lend money to him for 55,000.00, to
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Deferred Annuity: You are concerned about your friend who needs money for his desktop and wanted to lend money to him for 55,000.00, to be paid in 6 years deferred at the end of the 3rd year at 10% interest. How much will that be per payment or year?
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