Calculate the rent of the decreasing annuity. 1. A withdrawal is made at the end of each
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1. A withdrawal is made at the end of each quarter year for 3 years from a savings account paying 1.6% interest compounded quarterly. The account initially contained $47,336.25.
2. A withdrawal is made at the end of each half year for 5 years from a savings account paying 1.8% interest compounded semiannually. The account initially contained $57,781.39?
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Related Book For 
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
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