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A personal account earmarked as a retirement supplement contains 5242

Business Nov 17, 2021

A personal account earmarked as a retirement supplement contains 5242.100. Suppose $200,000 is used to establish an annuity that are compounded quarterly, and pay $600 at the end of each quarter How long will it be until the account balance is $07 (Hound your answer UP to the nearest quarter.) quarters

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