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Payments of $51.00 are made at the end of each month for six years at 8% compounded annually. Classify the annuity by (a) term; (b)

Payments of $51.00 are made at the end of each month for six years at 8% compounded annually. Classify the annuity by (a) term; (b) date of payment; and (c) conversion period.

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