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QUESTION 8 If you have a 11-year annuity paying $289 each six months beginning in 5 years when interest is 4.44% compounded semi-annually, what

QUESTION 8 If you have a 11-year annuity paying $289 each six months beginning in 5 years when interest is 4.44% compounded semi-annually, what is the number of missed payments? Treat the deferred annuity as an annuity due with the first payment at the 5-year mark.

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