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Vince has $35,000 to purchase an annuity that will provide him with equal payments at the end of every three months for the next six
Vince has $35,000 to purchase an annuity that will provide him with equal payments at the end of every three months for the next six years. If the funds earn 8% compounded quarterly, what is the size of the quarterly payments he will receive? O $3,324 O $7,571 O $1,850 O $2,335 O $3,734
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