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Posted on Jul 27, 2024

What must Ezra invest today to receive an annuity of $ 6 , 0 0 0 for three years semiannually at a 1 0 %

What must Ezra invest today to receive an annuity of $

6, 000

for three years semiannually at a

10 %

annual rate? All withdrawals will be made at the end of each period.

Note: Round your answer to the nearest cent

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