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show all forumlas A contract worth $52000 provides benefits of $20000 at the end of each year. The benefits are deferred for 10 years, and

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A contract worth $52000 provides benefits of $20000 at the end of each year. The benefits are deferred for 10 years, and interest is 11% compounded quarterly. a) How many payments are to be made under the contract? b) What is the size of the last benefit payment

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