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QID: #31611
Solution for QID #31611: Find the payment that should be used for the annuity due who | StudyHelpMe
Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period.
$15,000; quarterly payments for 15 years; interest rate 7.9%
The payment should be $???
(Round to the nearest cent as? needed.)
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