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An annuity with a cash value of $15,500 earns 6% compounded semi-annually. End-of-period semi-annual payments are deferr
Posted: Mon Jul 11, 2022 12:45 pm
by answerhappygod
- An Annuity With A Cash Value Of 15 500 Earns 6 Compounded Semi Annually End Of Period Semi Annual Payments Are Deferr 1 (14.8 KiB) Viewed 32 times
An annuity with a cash value of $15,500 earns 6% compounded semi-annually. End-of-period semi-annual payments are deferred for six years, and then continue for nine years. How much is the amount of each payment? cm) Each payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)