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On September 1, Sault Inc. incurs a $90,000 debt. Arrangements are made to pay this debt in three equal annual installments starting immediately at compound

On September 1, Sault Inc. incurs a $90,000 debt. Arrangements are made to pay this debt in three equal annual installments starting immediately at compound interest of 10%. a. Is this an ordinary annuity or an annuity due? Answer Annuity due In answering the following questions, round your answer to the nearest whole number. Do not use negative signs with your answers. b. Compute the amount of the equal annual payments

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