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Connie wants to have an annuity payment

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Connie wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years? (Use Table 12-2 in your text)

  • $21,815.02
  • $20,786.85
  • $21,577.10
  • $22,783.26

Reference no: EM131319759

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