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Trevor purchases a retirement annuity that will pay him $2,000 at the end of every six months for the first nine years and $500 at

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Trevor purchases a retirement annuity that will pay him $2,000 at the end of every six months for the first nine years and $500 at the end of every month for the next five years. The annuity earns interest at a rate of 5% compounded quarterly. a. What was the purchase price of the annuity? I Round to the nearest cent b. How much interest did Trevor receive from the annuity

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