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Steven receives $2,900 from an investment at the beginning of every quarter for 8 years at 5.72% compounded monthly. a. What type of annuity is

Steven receives $2,900 from an investment at the beginning of every quarter for 8 years at 5.72% 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?

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