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Sophie pays $358.75 for a car lease at the beginning of every month for 2 years and 3 months at 3.62% compounded monthly. a. What
Sophie pays $358.75 for a car lease at the beginning of every month for 2 years and 3 months at 3.62% compounded monthly.
a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due
b. How many payments are there in this annuity? Round up to the next payment
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