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Mathematics, 30.08.2019 22:20 JayHtx9529
Jane wants to save money to buy a motorcycle. she invests in an ordinary annuity that earns 4.2% interest, compounded quarterly. payments will be made at the end of each quarter. how much money will she need to pay into the annuity each quarter for the annuity to have a total value of $7000 after 3 years?
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