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How much is the amount of each payment

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Question: An annuity with a cash value of $14,000 earns 6% compounded semi-annually. End-of-period semi-annual payments are deferred for five years, and then continue for ten years. How much is the amount of each payment? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132757660

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