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You are considering an annuity which would offer payments $ 5 0 0 0 at the end of every three months for 2 0 years.
You are considering an annuity which would offer payments $ at the end of every three months for years. Interest is compounded quarterly at a nominal rate of Which of the changes would increase the amount that you would pay for this annuity today?aA nominal rate of instead of bReceiving payments for years instead of yearsc.Compounding interest daily instead of quarterlyd.Compounding interest monthly instead of quarterlye.Receiving payments of $ instead of $
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