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04-12-2021
Mathematics

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Find the monthly payment of an ordinary annuity if the present value is 18,500 with an interest rate of 10% compounded quarterly for 6years.

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04-12-2021

Answer:

R(-5, 15), S(0, 10), T(-5, 5) and U(-15, 5): scale factor = 1/5, centered at the origin

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