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Suppose $200000 is used to establish an annuity that earns 4% compounded quarterly and pays $4500 at the end of each quarter. How long will
Suppose $200000 is used to establish an annuity that earns 4% compounded quarterly and pays $4500 at the end of each quarter. How long will it be until the account balance is 0? (round your answer to the nearest cent)
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