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Mathematics, 29.06.2021 22:10 TightKnowsDaWhey

Christie wants to make regular annual payment of size P kina into an annuity that pays interest of an annual rate of 0.25. He wants to have 1.5 times the invested amount in the account after 5 years. Determine the size, P of the required annual payment

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Christie wants to make regular annual payment of size P kina into an annuity that pays interest of a...
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