How much will the couple receive each quarter

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Reference no: EM131785290

Question: Payment from an annuity an IRA of $250,000 is rolled into an annuity that pays a retired couple at the beginning of each quarter for the next 20 years. If the annuity earns 6.2%, compounded quarterly, how much will the couple receive each quarter? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131785290

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