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When the annuity payment is made at the and Dfeach period. it is knuwn as a(n) annuity. O immediate O certain O ordinary 0 due
When the annuity payment is made at the and Dfeach period. it is knuwn as a(n) annuity. O immediate O certain O ordinary 0 due Connie wants tn have an annuity payment of $2,400 at the END of every three months. Haw much should she depnsit now at 4% interest, compounded quarterly, tn yield this payment Far 5 years? (use Table 1272 in ynur text) 0 $39,355 as 0 $50,984 14 O 551.49397 0 $58,359 45 Use Table 1272 in your text to nd how much shou'd be deposited now at 10% interest, compounded semiannually, to yield an annuity payment of $450 at the END of each 6 months, for 1. year. 0 $428.57 0 $536.73 O $573.57 0 $1,595.68
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