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What is the size of the final pension payment

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Carla Tortelli receives pension payments of $4,570.00 at the end of every six months from a retirement fund of $82,000.00. The fund earns 8.06% compounded semi-annually.

Problem a) How many payments will Carla receive?

Problem b) What is the size of the final pension payment?

Reference no: EM132929459

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