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Regular payments of $47.15 are made each week at 2.6% compounded weekly for 1.5 years. Calculate: a) the present value of the annuity b) how

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Regular payments of $47.15 are made each week at 2.6% compounded weekly for 1.5 years. Calculate: a) the present value of the annuity b) how much interest was paid Present Value: $3606.02 Interest Paid: $71.68 Present Value: $14648.02 Interest Paid: $10970.48 Present Value: $3606.02 Interest Paid: $1297.58 Present Value: $3677.70 Interest Paid: $3606.02

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