Jacob pays $339.76 for a car lease at the beginning of every half-year for 14 years and 6 months at 3.86% compounded sem

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answerhappygod
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Jacob pays $339.76 for a car lease at the beginning of every half-year for 14 years and 6 months at 3.86% compounded sem

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Jacob Pays 339 76 For A Car Lease At The Beginning Of Every Half Year For 14 Years And 6 Months At 3 86 Compounded Sem 1
Jacob Pays 339 76 For A Car Lease At The Beginning Of Every Half Year For 14 Years And 6 Months At 3 86 Compounded Sem 1 (16.97 KiB) Viewed 11 times
Jacob pays $339.76 for a car lease at the beginning of every half-year for 14 years and 6 months at 3.86% compounded semi-annually. a. What type of annuity is this? Ordinary simple annuity O Ordinary general annuity O Simple annuity due O General annuity due b. How many payments are there in this annuity? 0
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